Benefits for which the employee's right to receive a present or future pension benefit is no longer contingent on remaining in the service of the employer are called

Question

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Vested benefits are those pension benefits to which an employee has a nonforfeitable right, meaning they are entitled to the benefits even if they leave the employer. This contrasts with benefits that are contingent on the employee continuing to work for the employer.

Benefits for Which the Employee's Right to Receive a Present