This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements about retirement ages in defined benefit pension plans is (are) ... (Read 70 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jevvish

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B




RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jul 11, 2018
Wow, this really help


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library