Question
Avi was just terminated by his employer after 3 and half years of service with the company. For the last 18 months, Avi was permitted
Avi was just terminated by his employer after 3 and half years of service with the company. For the last 18 months, Avi was permitted to contribute to the company's defined contribution RPP. Assuming a typical vesting period, to what amount will Avi be entitled upon his departure?
a) Avi is not entitled to receive anything based on his years of service.
O b) his principal contributions only-the funds must be transferred to a LIRA
c) his principal contributions plus growth in cash
O d) his principal contributions plus his employer's contributions plus growth-all payable as a cash Settlement
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