Jake has worked for GT for the last 20 years and been a participant in its defined benefit plan. In the last ten years, his salary has increased significantly. Over the last ten years, his compensation was $290,000, $100,000, $120,000, $100,000, $240,000, $200,000, $160,000, $180,000, $150,000, and $210,000. In 2019, what is the most that he could receive as a pension payment?

Answer rating: 100% (QA)

To calculate the pension payment for Jake we need to know several factors such as his years of servi... View the full answer