CEBS RPA MODULE 3 EXAM
QUESTIONS AND ANSWERS. VERIFIED
2025/2026.
Formula to D B Plan - ANS Benefits = Contribution + gains/losses - expenses
Advantage to EE contribution in DB plans - ANS Employees are responsible for their
retirement
Advantage to EE contribution in DB plans - ANS Smaller ER contributions are needed for same
benefit
Advantage to EE contribution in DB plans - ANS Same ER contribution would give greater
benefits
Advantage to EE contribution in DB plans - ANS Avoids something for nothing
Advantage to EE contribution in DB plans - ANS Encourages savings
Disadvantages to EE contribution to DB plan - ANS After tax dollars from EE, so dollar for
dollar get less Benefit than with Er funds
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Disadvantages to EE contribution to DB plan - ANS ER May need to raise salaries so EEs can
afford to contribute
Disadvantages to EE contribution to DB plan - ANS Participation issues
Disadvantages to EE contribution to DB plan - ANS Plan qualification
Disadvantages to EE contribution to DB plan - ANS EEs being able to retire
Disadvantages to EE contribution to DB plan - ANS Recordkeeping
Federal definition of normal retirement age - ANS Normal retirement age to be the age
specified in the plan but no later than the age 65 or the fifth anniversary of the ppts date of
initial plan participation, whichever is the last to occur
What benefits the PPTs will receive upon retirement, death, or disability - ANS Decision ER
must make when adopting a defined benefit pension plan
How and when these benefits will be paid - ANS Decision ER must make when adopting a
defined benefit pension plan
Whether or not EEs will contribute toward the cost of these benefits - ANS Decision ER must
make when adopting a defined benefit pension plan
Typical requirement an employee must fulfill before being allowed to elect early retirement -
ANS A typical requirement for early retirement is that the EE must have attained at least the
age of 55 and completed at least 10 years of service to participate in the plan
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
QUESTIONS AND ANSWERS. VERIFIED
2025/2026.
Formula to D B Plan - ANS Benefits = Contribution + gains/losses - expenses
Advantage to EE contribution in DB plans - ANS Employees are responsible for their
retirement
Advantage to EE contribution in DB plans - ANS Smaller ER contributions are needed for same
benefit
Advantage to EE contribution in DB plans - ANS Same ER contribution would give greater
benefits
Advantage to EE contribution in DB plans - ANS Avoids something for nothing
Advantage to EE contribution in DB plans - ANS Encourages savings
Disadvantages to EE contribution to DB plan - ANS After tax dollars from EE, so dollar for
dollar get less Benefit than with Er funds
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Disadvantages to EE contribution to DB plan - ANS ER May need to raise salaries so EEs can
afford to contribute
Disadvantages to EE contribution to DB plan - ANS Participation issues
Disadvantages to EE contribution to DB plan - ANS Plan qualification
Disadvantages to EE contribution to DB plan - ANS EEs being able to retire
Disadvantages to EE contribution to DB plan - ANS Recordkeeping
Federal definition of normal retirement age - ANS Normal retirement age to be the age
specified in the plan but no later than the age 65 or the fifth anniversary of the ppts date of
initial plan participation, whichever is the last to occur
What benefits the PPTs will receive upon retirement, death, or disability - ANS Decision ER
must make when adopting a defined benefit pension plan
How and when these benefits will be paid - ANS Decision ER must make when adopting a
defined benefit pension plan
Whether or not EEs will contribute toward the cost of these benefits - ANS Decision ER must
make when adopting a defined benefit pension plan
Typical requirement an employee must fulfill before being allowed to elect early retirement -
ANS A typical requirement for early retirement is that the EE must have attained at least the
age of 55 and completed at least 10 years of service to participate in the plan
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
