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Junior | Next Rank: 30 Posts
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by nqhussain » Thu Jun 12, 2008 6:05 pm
Certain company retirement plan has a rule of 70 provision that allows an employee to retire when the employee's age plus years of employment with company total at least 70. in what year could a femail employee hired on her 32 birthday first be eligible to retire under this provision?

ans.2005

please advise
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Junior | Next Rank: 30 Posts
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by babachal » Thu Jun 12, 2008 6:07 pm
you are missing which year she was employed?
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Junior | Next Rank: 30 Posts
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by babachal » Thu Jun 12, 2008 6:11 pm
i think the year which you missed should be 1986!

HERE, u have to pick up x womans age till from she was employed, and again pick x for the sum of years followed the age of the woman.
so x+x+32=70
2x=38
x=19
if she was employed in 1986 she will be retired 2005!
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