B) Tell Why. (Any One)
1.A pension scheme is implemented for old people.
Answers
Answer:
A pension scheme is implemented for old people to provide them with a financial safety net during their retirement years. As people grow old, they may not have the same earning capacity as before and may have to rely on savings or pensions to meet their daily expenses. A pension scheme can provide a regular income stream to seniors who may not have other sources of income. Additionally, it can help alleviate poverty among the elderly population and provide a sense of security and stability during a time when health care needs and expenses may increase. The implementation of a pension scheme is, therefore, an essential step towards ensuring the financial well-being of the elderly and promoting their overall quality of life.
Explanation:
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