'56er Mixer
Authored by Ashley Valentine
Life Skills
Professional Development
Used 1+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
At what age can Tier 4 members retire?
50
55
57
63
Answer explanation
Tier 4 members are eligible to retire at age 55.
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
At what age can Tier 5 members retire?
50
55
57
63
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
At what age can Tier 6 members retire?
50
55
57
63
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When do pension contributions stop for Tiers 5 and 6 members?
after 5 years
after 10 years
after 15 years
never
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the pension contribution rate for members in Tier 6?
3% forever
it is scaled from 3% - 10% depending on your earnings
it is scaled from 3%-6% depending on your earnings
3.5% forever
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