Question: Select the true statement about pension funds from the statements below: Multiple choice question. Pension funds are subject to short horizon constraints. Pension funds are

Select the true statement about pension funds from the statements below:
Multiple choice question.
Pension funds are subject to short horizon constraints.
Pension funds are heavily regulated by the Employee Retirement Income Security Act (ERISA) of 1974.
Young pension funds need more liquidity than mature pension funds.
Mature pension funds are required to pay out less than young funds.

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