30 Oct Claudia, a legal assistant, has been vested by her employer after having worked with the employer for ten years. This
Question 1
1. Claudia, a legal assistant, has been vested by her employer after having worked with the employer for ten years. This implies that _____.
a. she can transfer her entire pension fund balances to a new employer’s plan if she moves to a new company
b. she will receive the funds her employer has contributed to the retirement plan only if she is a member of the company while retiring
c. she will receive the maximum amount of pension available under her company’s retirement plan when she retires
d. she will receive the amounts contributed by both the employer and herself when she retires
Question 2
1. According to the Patient Protection and Affordable Care Act, enrollment in health coverage is mandatory for every citizen.
True
False
Question 3
1. Workers cannot be asked to make financial contributions for coverage under workers’ compensation programs.
True
False
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