The right of an employee to a pension upon retirement is known as

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Vesting refers to the right of an employee to receive employer-provided benefits, such as a pension, upon retirement. It means that the employee has earned the benefits and the employer cannot take them away. Portability refers to the ability to transfer retirement benefits from one employer to another, transfer of funds refers to the movement of money between accounts, and fiduciary responsibility refers to the legal obligation of an individual or organization to act in the best interest of another party.

The Right of an Employee to a Pension Upon Retirement