Question

1. True or false: financial planning services: for retirement planning or reemployment assistance are not considered a taxable benefit to employees. Answer: _______
2. List two different types of payments that can be included in a retiring allowance.

1.

   2.

Answer 1

True or false: financial planning services: for retirement planning or reemployment assistance are not considered a taxable benefit to employees.

The statement is false because anything paid for retirement planning or reemployment assistance are not taxable

List two different types of payments that can be included in a retiring allowance.

The two amounts include in retirement allowance are

1) Payments made for unused leave credits on termination.

2) Amount received when their office or employmenti is terminated, it includes the damages for the wrongful termination and the employee does not return to work.