Which of the Following Is True About Vesting Rights

question 30

Multiple Choice

Which of the following is true about vesting rights?

• A)It includes the right to a pension prior to retirement age.
• B)Employers may choose to vest employees after five years.
• C)The right to a pension remains only if the vested employee is with the employer until retirement.
• D)Transferring employees as a means of avoiding pension obligations is allowed.
• E)Multiemployer pension plans do not take into consideration vesting.

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Definitions:

Office Building

A structure designed for administrative or office-based activities, housing employees and equipment necessary for management functions.

Sales Taxes

Taxes imposed by government authorities on the sale of goods and services, collected by the seller from the consumer at the point of sale.

Factory Equipment

Durable assets used in the manufacturing process to produce goods, includes machinery and tools.

Costs To Survey

Expenses associated with conducting a survey, including fieldwork, data collection, analysis, and reporting.