An Employer Experiencing High Turnover and Seeking to Reduce Pension

question 25

Multiple Choice

An employer experiencing high turnover and seeking to reduce pension cost is likely to prefer:

• A)full vesting after three years.
• B)full vesting after six years.
• C)full vesting after seven years.
• D)partial vesting after two years.

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Definitions:

Skinner

An influential American psychologist best known for his work in behaviorism and the development of the theory of operant conditioning.

Recognition

The cognitive process of identifying previously encountered information from a group of choices.

Cognitive Process

The cognitive process of gaining knowledge and comprehension via thinking, experiencing, and sensory perception.

Familiar

Well known from long or close association.