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Victor was hired in March 1999. His employment was terminated on August 1, 2017 nd he was
paid a $16 , 000.00 retiring allowance. He was fully vested in the organization's pension plan at
the time of receiving the retiring allowance. Calculate the eligible portion of the retiring
allowance. $2 , 000.00 $3 , 500.00 $16 , 000.00 None of the retiring allowance is eligible

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  • 1. Victor was hired in March 1999. His employment was terminated on August 1, 2017 nd he was paid a $16 , 000.00 retiring allowance. He was fully vested in the organization's pension plan at the time of receiving the retiring allowance. Calculate the eligible portion of the retiring allowance. $2 , 000.00 $3 , 500.00 $16 , 000.00 None of the retiring allowance is eligible