Multiple Choice
Brown, Inc., uses the three-to-seven year graded vesting approach for its defined benefit retirement plan. Peter has five years of service completed as of February 5, 2017, his employment anniversary date. Determine Peter's nonforfeitable percentage.
A) 40%
B) 60%
C) 80%
D) 100%
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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