The majority of Canadians feel government retirement benefits tend to __________.ANSWERnot be enoughnot be relied uponprovide for a comfortable retirement

Governments may hold and invest resources on behalf of their employees and those of other government to pay pensions when the employees retire.Select one:a.None of the choicesb.Fiduciary-typec.Governmental-typed.Business-type

What factors are considered when determining the retirement corpus?Question 6AnswerA.Current expenses and lifestyle, expected inflation, life expectancy, and post-retirement goalsB.Age and gender onlyC.Recent market performanceD.Current job title and company

Canada's baby boomer generation has contributed to all of the following except __________.Question 10Select one:a.The financial vulnerability of the Canada and Quebec Pension Plansb.Improved medical technologyc.The health care system being in danger of going bankruptd.Rising health care budgets

Most retirees spend roughly half of their budget on _____.A.living expensesB.new hobbiesC.travelD.children and grandchildren

Discuss the significance of Pensions in the public sector?