Assessment XCO D Question Number: 51 of 70 Note: If you skip any of the questions when you click on the 'View Summary and Submit' button you will be shown a summary page which allows you to go back to and complete question prior to submitting your assessment. If you're unsure of your response for a question you may select the checkbox under the number and this question will also be listed on the summary page so you can easily go back to it. 51 Lam works for Lamneth Technology and is a member of its defined benefit registered pension plan The RPP is a final-samnings plan where a 1.5% unit percentage is applied to the average of the final three years of pensionable service. Liam intends to retire on December 31 of this year at which time he would have accumulated 26 years of pensionable service with Lamnet. If the money purchase limit is $27,230, what is the MAXIMUM annual pension benefit Liam can expect to recelve? The table indicates the level of earnings for Liam for the past ten years: Number of Years prior to Retirement Earnings 10 years ago $47.100 9 years ago $48,650 3 years ago 550,240 7 years ago 553,635 6 years ago $55,700 5 years ago $57.930 4 years ago 559,500 2 years ago 564,825 2 years ago 567.900 1 year ago 571,160 this year 373,395 527,230.00 3 bo b) 527,619.15 5644.5555 570,313 5 96 5 $ 4 & 7 7 2 3 6 8 9 W rab E R. Y T U j K L G Caps lock A S D F Assessment XCO D Question Number: 51 of 70 Note: If you skip any of the questions when you click on the 'View Summary and Submit' button you will be shown a summary page which allows you to go back to and complete question prior to submitting your assessment. If you're unsure of your response for a question you may select the checkbox under the number and this question will also be listed on the summary page so you can easily go back to it. 51 Lam works for Lamneth Technology and is a member of its defined benefit registered pension plan The RPP is a final-samnings plan where a 1.5% unit percentage is applied to the average of the final three years of pensionable service. Liam intends to retire on December 31 of this year at which time he would have accumulated 26 years of pensionable service with Lamnet. If the money purchase limit is $27,230, what is the MAXIMUM annual pension benefit Liam can expect to recelve? The table indicates the level of earnings for Liam for the past ten years: Number of Years prior to Retirement Earnings 10 years ago $47.100 9 years ago $48,650 3 years ago 550,240 7 years ago 553,635 6 years ago $55,700 5 years ago $57.930 4 years ago 559,500 2 years ago 564,825 2 years ago 567.900 1 year ago 571,160 this year 373,395 527,230.00 3 bo b) 527,619.15 5644.5555 570,313 5 96 5 $ 4 & 7 7 2 3 6 8 9 W rab E R. Y T U j K L G Caps lock A S D F