Pension Schemes Introduction Quiz

To generate wealth for the state

To offer tax benefits to individuals

To ensure a steady income for working people during their employment

To provide benefits to members on retirement and other specified contingencies (correct)

By encouraging early retirement

By offering free healthcare services to retirees

By providing guaranteed high returns on investments

By protecting citizens against social risks and maintaining their standard of living after retirement or in case of contingencies (correct)

To redistribute wealth between the poor and the better off to improve the overall welfare of society (correct)

To provide exclusive benefits to high-income earners

To encourage dependency on state funds

To maximize profits for the government

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