Vidyalelo
Commerce · Q564

Insurance

Graduate and Post Graduate · Commerce · question 564

Q564

Who provides public pensions?

A.
Insurance company
B.
NGO's who get Government money
C.
State
Answer
D.
Employees

Answer: Option C

Solution

Answer: Option C
Solution:
State provides public pensions. Public pension plans typically provide pensions based on members' years of service and average salary over a specified number of years of employment.