Which of the Following Statements About Retirement Ages in Defined

question 48

Multiple Choice

Which of the following statements about retirement ages in defined benefit pension plans is (are) true?
I.The normal retirement age in most plans is 65.
II.For a defined benefit plan,the early retirement age is the earliest age an employee can retire with full,unreduced benefits.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II