Actuarial Notes

CAS Exam 6C Spring 2017, Question 9

Study guide: Exam 6C

The government-supported tier of Canada's income security system provides pensions through a combination of three programs.

Part a (1.5 points)

Identify and briefly describe each of the three programs.

Part b (0.5 points)

For any two of the programs, briefly describe how they are funded.

Part c (0.5 points)

For any two of the programs, briefly describe how the benefits are taxed.

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Concepts tested

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