A certain company retirement plan has a "rule of 70"

Question

A 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 the company total at least 70. In what year could a female employee hired in 1986 on her 32nd birthday first be eligible to retire under this provision?

A. 2003
B. 2004
C. 2005
D. 2006
E. 2007

A. 2003
B. 2004
C. 2005
D. 2006
E. 2007

According to my sol

32+x=70
x=38

as age is also increasing with the increasing number of years we can't count the years twice 38/2=19

year of retirement will be 1986+19=2005

Any other explanation!

Bunuel · Accepted Answer

A 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 the company total at least 70. In what year could a female employee hired in 1986 on her 32nd birthday first be eligible to retire under this provision?
A. 2003
B. 2004
C. 2005
D. 2006
E. 2007

Your solution is perfect. One can also do:

She must gain at least 70 points, now she has 32 and every year gives her two more points: one for age and one for additional year of employment, so 32 + 2*(# of years) = 70 --> (# of years) = 19 --> 1986+19=2005.

Answer: C.

Temurkhon · Answer

X is the years worked

32+x+x>=70

2x>=38, so x>=19

1986+19=2005

C

hsbinfy · Answer

or other way around is 70-32=38

so 2 score each year....>>>>>38/2=19 1986+19=2005

C

Abhishek009 · Answer

Great question!!! There is a pattern to observe if you draw a table - Capture.PNG Check every year there is an increase in 2 years We need to go from 32 to 70 ; so we need need to have 38 points.... Now since each year make 2 points increase 38 will take 38/2 =19 years from 1986 => 2005 Hence answer will be (C) 2005

HanoiGMATtutor · Answer

In 1986, her number is 0 + 32 = 32.
Each year after, she has 2 added to her number. So the number of years it will take for the number to reach 70 is (70-32)/2 = 19
The year in which this happens, of course, is 1986 + 19 = 2005.

Answer choice C.

SchruteDwight · Answer

Q and verbal score of 60? okay....

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A certain company retirement plan has a "rule of 70"

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A certain company retirement plan has a "rule of 70"

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