The Data Company employs John and Jesse.John has worked for Data for 4 years,whereas Jesse has worked for the company for only 18 months.Both are 27 years old.
I.John is eligible to participate in Data's qualified pension plan.
II.Jesse is eligible to participate in Data's qualified pension plan.

A)Only I is correct.
B)Only II is correct.
C)Both statements are correct.
D)Neither statement is correct.

Question

The Data Company employs John and Jesse.John has worked for Data for 4 years,whereas Jesse has worked for the company for only 18 months.Both are 27 years old.
I.John is eligible to participate in Data's qualified pension plan.
II.Jesse is eligible to participate in Data's qualified pension plan.
​
A)Only I is correct.
B)Only II is correct.
C)Both statements are correct.
D)Neither statement is correct.

Quizplus · Accepted Answer

Participation in a qualified pension plan usually requires an employee to work for a certain number of years, typically 1-2 years. Since John has worked for 4 years, he is eligible to participate in the plan. However, since Jesse has only worked for 18 months, he is not yet eligible to participate.

The Data Company Employs John and Jesse