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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Module Eight Homework

Module Eight Homework

Q 1. Why might workers be ineligible for retirement funds from a private pension plan, although they have worked all their lives?

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Workers are expected to become ineligible for the retirement funds from different kinds of private pension plans although they worked throughout their lives. As the retirement plans are associated with different factors, therefore the financial situation of the company, market position and stock value should be considered for the eligibility for retirement funds from a private pension plan. Another thing is that the private pension plan is not covered under the Employee Retirement Income Security Act.