Multiple Choice
Which of the following statements is not true in relation to minimum eligibility requirements for participation in pension plans?
A) The highest minimum age requirement is 21 years,
B) Plans can include a minimum service requirement,
C) These requirements are the same as required for other employee benefits such as employer provided group life insurance,
D) Within certain limits, specified job classifications can be excluded from coverage.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Defined benefit plans use a specified formula
Q12: Which of the following statements is true
Q13: A Keogh plan is a retirement plan
Q14: Match the descriptions with their terms:<br>-_ must
Q15: Match the descriptions with their terms:<br>-_ allows
Q17: PBGC termination insurance is required of all<br>A)
Q18: In designing qualified pension plans, employers are
Q19: Which of the following statements is not
Q20: Match the descriptions with their terms:<br>-Although prior
Q21: Match the descriptions with their terms:<br>-_ require