Lillian Has a Defined Benefit Plan That Promises an Annual

question 43

Multiple Choice

Lillian has a defined benefit plan that promises an annual retirement benefit based on 2 percent of her final 3-year average annual salary for each year of service.At retirement,Lillian has 15 years of service and had an average salary of $65,000 over the last 3 years.What is the amount of her annual benefit?

• A)$65,000
• B)$50,500
• C)$35,400
• D)$19,500
• E)$0

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Definitions:

Response

A reaction to a specific stimulus or situation, which can be physical, emotional, or cognitive.

Unconditioned Stimulus

A stimulus that inherently triggers a physiological or emotional response without prior conditioning or learning.

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