Bryan works for Richardson Corp for 5 years. Richardson has a defined benefit plan. Each employee earns 2% of their aver

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answerhappygod
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Bryan works for Richardson Corp for 5 years. Richardson has a defined benefit plan. Each employee earns 2% of their aver

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Bryan works for Richardson Corp for 5 years. Richardson has a
defined benefit plan. Each employee earns 2% of their average
salary for their highest 3 years of salary. Bryan earns $80,000 for
each of the 5 years. Richardson uses the 7-year graded vesting
schedule. Bryan is entitled to a vested benefit of $4800 which he
will receive annually on retirement. Select one: True False
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