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1. Calculate the pension adjustment for each employee, assuming that they worked and were a member of the pension plan for the full calendar year.

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1. Calculate the pension adjustment for each employee, assuming that they worked and were a member of the pension plan for the full calendar year. a. Francine Howell belongs to a defined contribution pension plan where the employee contributes 2% and the employer contributes 50% of the employee contributions. Francine's pensionable earnings are $63,000.00. b. Genny Fowler is a member of a defined benefit pension plan that has a flat monthly benefit of $23.00. e. Laurence Lamont is a member of a defined benefit pension plan that has a pension benefit of 2% of his career average earnings. His pensionable earnings are $73,500.00

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