An Employee Has Been Working for a University with a Defined

question 64

Multiple Choice

An employee has been working for a university with a defined benefit pension plan for 34 years.The employee's highest five year average earnings is $95,000.If the employee expects to receive 2% of these earnings based on years of service,what is the employee's expected pension benefit if he or she retires in 6 years?

• A)$64,600
• B)$95,000
• C)$47,500
• D)$76,000

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Definitions:

Cortisol

A steroid hormone produced by the adrenal glands, often released in response to stress, affecting metabolism and immune responses.

Natural Killer Cells

A type of white blood cell that plays a crucial role in the body's immune response by attacking tumors and virally infected cells.

Immune System

The complex network of cells, tissues, and organs that work together to defend the body against infections, diseases, and other harmful invaders.

Endocrine System

A network of glands in the body that produce and release hormones directly into the blood to regulate the body's growth, metabolism, and sexual development and function.