Which of the Following Is Not a Requirement for Receiving

question 21

Multiple Choice

Which of the following is not a requirement for receiving unemployment benefits?

• A)experience a waiting period before benefits are paid
• B)have an earnings record
• C)have a continuing interest in employment
• D)the national unemployment percentage must exceed a certain level

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Definitions:

Plan Assets

Assets that are held by a retirement plan from which the benefits to the participants are to be paid.

Funded Status

A measure of the financial health of a pension plan, indicating the difference between plan assets and liabilities.

Actuarial Value

A measure of the average amount of benefit a health insurance plan is expected to pay, used to compare different health insurance policies.

Actuary

A professional who analyzes financial risk using mathematics, statistics, and financial theory, mostly in the insurance and pension plan industries.