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Topic: Business
Number of pages / Number of words: 3 / 629
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In addition, the government is making efforts to persuade the population to make some provision for his/her retirement in addition to the increasingly inadequate pension paid by the state.

Contributory pensions are paid on the basis of contributions paid both by the employer and the employee. The funds contributed towards such pension schemes are typically paid to insurance companies for investment in insurance policies but can also be held in the form of investments by trustees, in such cases usually by trust corporations...


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In addition, the government is making efforts to persuade the population to make some provision for his/her retirement in addition to the increasingly inadequate pension paid by the state.

Contributory pensions are paid on the basis of contributions paid both by the employer and the employee. The funds contributed towards such pension schemes are typically paid to insurance companies for investment in insurance policies but can also be held in the form of investments by trustees, in such cases usually by trust corporations...


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