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bobby age 54 worked for cairns airlines for 15 years he earns 450,000 per year and covered by a qualified defined benefit pension plan with

bobby age 54 worked for cairns airlines for 15 years he earns 450,000 per year and covered by a qualified defined benefit pension plan with a funding formula of 1.5 x years of service x salary what is bobbys accrued benefit under this defined benefit plan

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