Which Statement Best Explains the "Corridor Limit

question 58

Multiple Choice

Which statement best explains the "corridor limit"?

• A)This is the lesser of 10% of the pension plan assets and 10% of the pension obligations.
• B)This is the greater of 10% of the pension plan assets or 10% of the pension obligations.
• C)This is the lesser of 10% of the pension plan assets or 10% of the pension obligations.
• D)This is the greater of 10% of the pension plan assets and 10% of the pension obligations.

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