What year was LTG created and grandfathered in?

What year was LTG created and grandfathered in?

• A. 1985
• B. 1967
• C. 1950
• D. 1976

Answer: (B)

LTG was created in 1967 and was grandfathered in. When a program is “created and grandfathered in,” it means the initiative began in that year and the original terms continue to apply to those who were part of it from the start, even as new rules may come later. So 1967 is the year that establishes both the creation and the ongoing protection of existing participants. The other years don’t reflect the inception date, so they don’t fit the idea of creation plus grandfathering.

LTG was created in 1967 and was grandfathered in. When a program is “created and grandfathered in,” it means the initiative began in that year and the original terms continue to apply to those who were part of it from the start, even as new rules may come later. So 1967 is the year that establishes both the creation and the ongoing protection of existing participants. The other years don’t reflect the inception date, so they don’t fit the idea of creation plus grandfathering.