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A Fully-Funded System

Question 50

Multiple Choice

A fully-funded system


A) has current retirees being paid out of the taxes of current workers.
B) has a sufficient amount of money on hand currently to pay out all future obligations.
C) has current retirees being paid out of the taxes of current workers and has a sufficient amount of money on hand currently to pay out all future obligations.
D) never needs to run a surplus.

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