Which of the following is true regarding vesting requirements under ERISA?
A) once pension rights vest, employees are entitled to receive full pensions upon leaving employment
B) once pension rights vest, employees' pension plans cannot be discontinued or changed
C) vesting usually occurs after five or seven years of service
D) vesting is never required but is purely a contractual provision negotiated between the employer and employee
Correct Answer:
Verified
Q5: Regarding the topic of employment benefits, it
Q6: Regarding the Pension Benefit Guarantee Corporation (PBGC),
Q7: An employer would likely prefer this kind
Q8: An employee is terminated for poor attendance.
Q9: The Pregnancy Discrimination Act provides for each
Q11: Employers must provide benefits in the form
Q12: The Employee Retirement Income Security Act (ERISA)governs
Q13: The Patient Protection & Affordable Care Act
Q14: Defined benefit pension plans:
A)promise a specific pension
Q15: Defined contribution pension plans:
A)are insured by
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