What benefit entitlement does Macey earn from her defined benefit pension plan for this year's service?

In a defined benefit pension plan, the benefit entitlement for a particular year of service is calculated based on a predetermined formula that often considers factors such as salary and years of service. The correct answer indicates that Macey will earn a benefit of $2,400 for this year's service.

This specific figure likely derives from her salary or a defined percentage of it, multiplied by the number of years of service she has accrued, which results in an annuity amount payable upon retirement. It reflects the plan's structure and how pension benefits are computed to ensure that future retirement income is secure.

Understanding this methodology is crucial as it illustrates how defined benefit plans provide predictable retirement income based on employment history, offering stability and assurance to employees like Macey. The specific options indicate that other amounts may be based on different assumptions about her salary or the length of her service, but $2,400 fits the calculated entitlement for her situation accurately.