Question
ABY has a contributory DC pension plan with 6-year graded vesting. Jill worked and participated in the plan for 4 years and then quit. When
ABY has a contributory DC pension plan with 6-year graded vesting. Jill worked and participated in the plan for 4 years and then quit. When Jill quit, the accumulated value of her contributions was $12,000. The accumulated value of ABY's contributions made on Jill's behalf was $20,000. What will be the amount of Jill's forfeiture?
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
