Menu
info@onlinenursinghomework.com
Cell: +1 (714) 584-4466

Suzanne is 65 years old and has worked for BCE for 25 years.

Suzanne is 65 years old and has worked for BCE for 25 years. She is a member of a Defined Benefit Pension Plan that will pay a retirement benefit of 2% of the average of her best 3 years of earnings multiplied by her years of service. Her salary in the year before retirement was $82,000, and rose by an average of 5% per year over the last few years. Suzanne also has $200,000 in her RRSP invested in Canadian stocks. She estimates her income needs in retirement at $50,000 a year before tax.

What will be Suzanne’s annual pension benefit from BCE?

Don't use plagiarized sources. Get Your Custom Essay on
Suzanne is 65 years old and has worked for BCE for 25 years.
Just from $9/Page or 300 words
Order Now

Please help , I have no idea which formula to use .

Looking for a similar assignment? Get help from our nursing qualified experts!

Order Now

Open chat
Get help
You can now contact our live agent via whatsapp! ping +1 (714)-584-4466.
You will get plagiarism free custom written paper