Multiple choice general knowledge

Preserved Benefits are that accured to a member during the current period of employment and that cannot be paid to the member until they leave employment

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The statement is false. Preserved benefits are benefits that CANNOT be accessed until certain conditions of release are met (such as reaching preservation age and retiring), NOT simply upon leaving employment. The definition given describes unrestricted non-preserved benefits.