Question
You recently retired with 35 years of pensionable service and averaged $50,000 over your best consecutive 60 months. Your company pays out 1.25% for
You recently retired with 35 years of pensionable service and averaged $50,000 over your best consecutive 60 months. Your company pays out 1.25% for each year of service based on the above salary average. What is your retirement pay as a percent of your best consecutive 60 months" average salary?
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
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