As a Member of the Company's Defined Benefit Plan,employees Receive

Multiple Choice

As a member of the company's defined benefit plan,employees receive a pension based on one percent of the average of their best three years' earnings for each year of service.What will be your annual pension if you retire after 30 years of service and have averaged $50,000 per year during your three best years?

A) $15,000
B) $28,000
C) $30,000
D) $50,000