Nikkala began working for the federal government at age 27. Two years later, She became a member
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Question:
Nikkala began working for the federal government at age 27. Two years later, She became a member of the defined benefit registered pension plan sponsored by her employer. Under the plan, the normal retirement age is age 65 however, the plan has an alternate qualifying factor of 90. What is the EARLIEST age Nikkala can retire and still receive an unreduced pension?
a) 56 years and 9 months
b) 58 years and 6 months
c) 59 years and 6 months
d) 65.
Related Book For
Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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