This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements about retirement ages in defined benefit pension plans is (are) ... (Read 110 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jul 11, 2018
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
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jul 11, 2018
Gracias!

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Traditional animal phylogeny based on body plans. Traditional animal phylogeny based on body plans.
The "Emu in the sky," a constellation defined by dark clouds rather than the stars. The "Emu in the sky," a constellation defined by dark clouds rather than the stars.
Wearing safety equipment is essential at all ages Wearing safety equipment is essential at all ages
The brains of animals of different evolutionary ages The brains of animals of different evolutionary ages
Older Adults Benefit from Good Nutrition and Physical Activity Older adults Older Adults Benefit from Good Nutrition and Physical Activity Older adults
Prepare for weekend plans when hours feel like minutes Prepare for weekend plans when hours feel like minutes
Video: Immune responses Animation

For a complete list of videos, visit our video library