Which of the following statements applies to an involuntary termination?
a. The sponsor has a legal liability under ERISA for all accrued benefits.
b. The sponsor has a legal liability under ERISA for all vested benefits but not for unvested benefits.
c. The sponsor has a legal liability under ERISA only for PBGC-guaranteed benefits.
d. None of the above statements apply to an involuntary termination.
ANSWER: C
You might also like to view...
A nonprofit CEO and his staff are discussing the status of their nonprofit’s ability to achieve its mission. One staff member commented the organization has experienced a roller-coaster ride of ups and downs over the years and it may be time to change the organization’s processes. According to Andreasen, this nonprofit is in which stage of social change?
A. climbing the agenda B. discovery of the problem C. inattention to the problem D. reassessing and redirecting efforts
Investors often apply multiples to earnings per common share and book value per common share in deciding on a reasonable market price for a firm's shares
Indicate whether the statement is true or false
. Interviews should have open-ended questions. Which of the following represents an open-ended question?
a. What concerns would you have in using this product? b. Have you used this product in the past? c. Are you comfortable with using this product? d. Would you purchase this product?
The average tardiness for jobs listed in the following table under the earliest due date (EDD) rule is ______.
a. 7.8 days
b. 6.8 days
c. 5.8 days
d. 4.8 days