Vesting deals with the degree to which a particular plan participant's pension benefits have been funded.

Name: Vesting deals with the degree to which a particular plan participant's pension benefits have been funded.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Vesting refers to the process by which a participant in a pension plan earns the right to receive full benefits from the plan upon retirement, regardless of whether they remain with the employer. It does not relate to the funding of those benefits.

Vesting Deals with the Degree to Which a Particular Plan