3. In the 1980s, Yannco Inc. set up a defined benefit pension plan (08P) for its management employees. The plan is fully funded by the company. Marielle has been a management employee for 25 years. She plans on retiring next year when she turns 65. What will the plan sponsor do so Marielle can collect her pension?

Answer rating: 100% (QA)

Since Marielle has been a management employee for 25 years and the plan is fully fund... View the full answer