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Millie belongs to a defined benefit pension plan in which she accrues a $750 flat benefit for each year of service. Millie's annual earnings for
Millie belongs to a defined benefit pension plan in which she accrues a $750 flat benefit for each year of service. Millie's annual earnings for each of the past three years are $47,000, $48,000 and $49,000. If Millie has 30 years of service, calculate her annual pension benefit accrued to date?
options
$750
$22,500
$24,200
$28,500
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