Question:

Paul has worked as the inventory manager with Hypermart

Last updated: 11/13/2023

Paul has worked as the inventory manager with Hypermart

Paul has worked as the inventory manager with Hypermart Retail for more than 30 years During that time Paul suffered a spinal injury and went on a medical leave for almost two years At the time of his retirement he was informed that he had lost pension eligibility rights because of his medical leave If Paul brings a suit against Hypermart Retail which of the following would be grounds for such a suit a Under the Retirement Equity Act of 1984 pension plans can contain break in service clauses that can cause employees to lose pension eligibility rights if they leave their employment for a period longer than one year b Under the Retirement Equity Act of 1984 an individual can leave the workforce for up to five consecutive years and still retain eligibility for pension benefits c Under the Employee Retirement Income Security Act ERISA employees rights must be fully vested within 20 to 25 years in accordance with the two vesting options available under the law d The Pension Benefit Guaranty Corporation PBGC protects employees covered under defined benefit plans if the employer wrongfully terminates them