If you overheard a worker say that her pension would give her 75% of her last year's pay as long as the sum of her age and years worked equaled or exceeded 85 you would know she had
A) a defined benefit pension program.
B) a defined contribution program.
C) a Ponzi scheme.
D) been exempted from Social Security.
Correct Answer:
Verified
Q1: In terms of yields on savings which
Q3: A defined benefit pension program is one
Q5: ERISA stands for
A)Equal Retirement, Investments, and Solvency
Q6: Which of the following are entitlements?
A)Medicare
B)Social Security
C)defined
Q7: A defined contribution pension program is one
Q8: Which of the following explains why private
Q9: ERISA was passed to make sure which
Q10: Besides retirement pension issues, ERISA focuses some
Q11: If you overheard a worker say that
Q61: Public employees (more frequently than private employees)tend
A)to
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