Question

An employee retained her company’s pension plan benefits rights when she quit the firm. She must...

An employee retained her company’s pension plan benefits rights when she quit the firm. She must have been _______________.

A.        a defined contributor
B.        guaranteed
C.        insured
D.        invested
E.        vested

Homework Answers

Answer #1

Answer

E .vested.

Once a employee vested in a pension plan, then employee can have a right to retained such pension.The term vested refers to right or eligibility of employee to keep their pension plan benefits even they leave from the company.

a defined contributor,guaranteed, insured, invested all are related different kinda schemes like defined contributory scheme , guaranted pension scheme, etc.. to avail this first you should acheive your vesting right.

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