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 102 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!

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

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.
Plotting the Ages of Stars Plotting the Ages of Stars
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
How to convert verbal statements into algebraic equations (Part 1) How to convert verbal statements into algebraic equations (Part 1)
Prepare for weekend plans when hours feel like minutes Prepare for weekend plans when hours feel like minutes
The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ... The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ...
Video: Mendel's Pea Experiment

For a complete list of videos, visit our video library