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Author Question: Which of the following statements about retirement ages in defined benefit pension plans is (are) ... (Read 122 times)

RODY.ELKHALIL

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Which of the following statements about retirement ages in defined benefit pension plans is (are) true?
 
  I. The normal retirement age in most plans is 65.
  II. For a defined benefit plan, the early retirement age is the earliest age an employee can retire with full, unreduced benefits.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

What are the minimum age and service requirements that can be imposed on employees eligible to participate in a retirement plan?
 
  A) age 18 and 6 months of service
  B) age 21 and 1 year of service
  C) age 21 and 3 years of service
  D) age 25 and 4 years of service



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Jevvish

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Answer to Question 1

Answer: A

Answer to Question 2

Answer: B




RODY.ELKHALIL

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


matt95

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Reply 3 on: Yesterday
:D TYSM

 

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