Read the text and determine if the sentence is true (see options at the end):

Europe's economic environment has altered considerably over the last thirty years, and the economies of European countries have progressively opened up to the global economy. As a result, the competitiveness of the European economies is dependent not just on production costs, but also on the performance of pension and social security systems guaranteeing security for the future.

Sentence: Pension programs guarantee security for the least competitive European economies.
Options:
(i) Yes.
(ii) It's impossible to say.
(iii) No.
(ii)