What amount would his estimated annual pension benefit

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Question: Rick has just received a job offer from a different employer and is trying to decide if it is worth leaving his current one. He estimates that his best five years pensionable salary will average out to be $95,000 if he works until the age 65, which is 20 years from now. If the defined benefit pension plan (DBPP) provides a 2.5% unit percentage, what amount would his estimated annual pension benefit be at retirement?

Reference no: EM133371186

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