Examlex
Your school is implementing a new CRM initiative. Which of the following questions should they ask?
Medical Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, offering protection against high healthcare costs.
Vesting Rights
Guarantee that when employees become participants in a pension plan and work a specified number of years, they will receive a pension at retirement age, regardless of whether they remained with the employer.
Pension Plan
A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit. The funds are invested on the employee's behalf, and the earnings on the investments generate income to the worker upon retirement.
Retirement Age
The age at which a person is eligible to retire and receive full pension benefits, typically set by government policies or employment agreements.
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