Brenda has been working for BestMart, Inc. for 35 years. She currently earns $97,000 a year and is fully vested in the pension plan. Her employer uses the following benefit formula: 1.5% of final salary for each year of service up to a maximum of 70%. If she were to retire today, what will be her annual pension benefit?

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The Answer of Brenda has been working for BestMart, Inc. for 35 years. She currently earns $97,000 a year and is fully vested in the pension plan. Her employer uses the following benefit formula: 1.5% of final salary for each year of service up to a maximum of 70%. If she were to retire today, what will be her annual pension benefit?

Brenda Has Been Working for BestMart, Inc