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After working for Datatech Corporations for 10 years, Harry Bailey took a position with another company. The company notified Bailey that his pension benefits under
After working for Datatech Corporations for 10 years, Harry Bailey took a position with another company. The company notified Bailey that his pension benefits under the noncontributory pension plan had been terminated when he left.
1.Does bailey have any legal rights? Explain.
2.What does the term portability refer to in dealing with pension plans?
3.If Datatechs pension plan had been a contributory, when would Baileys own contributions have been vested?
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