Which of the Following Is a Negative Side Effect of the Employee

question 45

Multiple Choice

Which of the following is a negative side effect of the Employee Retirement Income Security Act?

• A) It has made the provision of benefit plans more costly for employers.
• B) It has allowed employers to discriminate against certain employees in their determination of eligibility for pension benefits.
• C) It has caused many employees to lose their benefits when their companies undergo management reorganizations.
• D) It has caused employees to lose their benefits when they become sick and are forced to quit their job prior to the time at which their pension rights vest.

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Definitions:

Delay Times

Periods of waiting or postponement in processes or transactions, often affecting project timelines or service delivery.

Amounts

Quantitative measures or sums of items, whether in abstract numbers, quantities of material, or monetary values.

Net Present Value

Net Present Value is a method used in capital budgeting to assess the profitability of an investment, measuring the difference between the present value of cash inflows and outflows.

Cheques

Documents that are written, dated, and bear a signature, instructing a bank to pay a designated amount of money to the holder.