Vesting Guarantees

question 97

Multiple Choice

Vesting guarantees

• A)withdrawal of benefits at any time.
• B)automatic funding of pension plans.
• C)accrued pension benefits at retirement age.
• D)selection of pension options.

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Definitions:

Supply Reduction

A decrease in the amount of a good or service that producers are willing to provide, often due to factors like high production costs or regulatory measures.

Union

A worker association that bargains with employers over wages and working conditions.

Employed

The state of having paid work; a person who performs work for wages or salary in a part-time or full-time position.

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a federation of labor unions in the United States.