Pensions, Retirement  and Dependency Laws quiz

Pensions, Retirement and Dependency Laws quiz

9th Grade

30 Qs

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Pensions, Retirement  and Dependency Laws quiz

Pensions, Retirement and Dependency Laws quiz

Assessment

Quiz

History

9th Grade

Practice Problem

Medium

Created by

Rubén López

Used 2+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a pension?

A loan for retired individuals

Regular payments made to retired individuals

A tax benefit for workers

A healthcare subsidy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A state pension is:

A private retirement savings plan

A government-provided retirement benefit

An insurance policy for dependents

A one-time payment upon retirement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private pension systems are:

Managed by the government

Funded solely by employee taxes

Managed by private financial institutions

Available only in the EU

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contributory pension requires:

No prior contributions

Contributions to a specific system

A fixed retirement age

Approval from the employer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a non-contributory pension?

A pension funded by personal savings

A pension provided without prior contributions

A pension linked to inflation

A retirement plan for government workers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Pensionable age refers to:

The age at which someone begins contributing to a pension

The age when an individual qualifies to receive a pension

The age required for early retirement

The age at which pension contributions stop

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Replacement rate is:

The percentage of income replaced by a pension

The inflation adjustment for pensions

The interest rate on retirement savings

The tax rate on pension income

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