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Author Question: Which of the following statements about retirement ages in defined benefit pension plans is (are) ... (Read 94 times)

RODY.ELKHALIL

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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


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Jevvish

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


RODY.ELKHALIL

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Reply 2 on: Jul 11, 2018
Excellent

ebonylittles

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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