What is vesting?
A) It is a general strategy used to control medical benefit costs by promoting preventive health programs.
B) It is the employee's right to the employer-paid portion of pension benefits within a certain period of time even if he or she no longer works for the employer.
C) It is the negotiation some employers have with employees about wage concessions to reduce employer contributions to selected benefits.
D) It is the reduction of benefits by any amount paid under a spouse's plan.
E) It is the exclusion of new employees from benefits coverage until some term of employment is completed.
Correct Answer:
Verified
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Q8: Which of the following plans is funded
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