Question
An individual whose average three highest consecutive years of compensation is $130,000 will have a maximum benefit payable at retirement from their defined benefit pension
An individual whose average three highest consecutive years of compensation is $130,000 will have a maximum benefit payable at retirement from their defined benefit pension plan of $225,000 (2019) per year.
a) True
b) False
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Catechism Of Money
Authors: Joseph P. Root
1st Edition
1377114929, 978-1377114927
