Question

Under a unit benefit formula your retirement income is determined by: A. length of your employment...

Under a unit benefit formula your retirement income is determined by:

A. length of your employment with the company

B. The rate of return on your investments

C. You and your employers contributions

D. A specified percentage of your salary

E. all of these choices are correct

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Answer #1

Option E is correct. all of these choices are correct

All the option given above plays a vital role in determining the retirement Income of any individual.

All are required to determine retirement benefits : -

A. length of your employment with the company

B. The rate of return on your investments

C. You and your employers contributions

D. A specified percentage of your salary

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