Question: Dean has earned $70.750 annually for the past five years working an architect for w ine Under WCC's defined benefit plan (which uses a seven
Dean has earned $70.750 annually for the past five years working an architect for w ine Under WCC's defined benefit plan (which uses a seven year graded vesting schedules employees earn a benet equal to 3.5 percent of the average of their three highest annual salones for every full year of service with WCC. Dean has worked for five full years for WCC and his vesting percentage is 60 percent. What is Dean's vested benefit (or annual retirement benefit he has earned so far? Multiple Choice O $0. O 52428 0 $42,450. $12,381
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