With graded vesting,the period for acquiring a non-forfeitable right in employer matching contributions is 3 years.

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With cliff vesting, the period for acquiring a non-forfeitable right in employer matching contributions (if any) is 3 years. So, the employee must have non-forfeitable rights to these funds by the end of 3 years. With graded vesting, participants in pension plans must receive non-forfeitable rights to the matching contributions as follows: 20% after 2 years, and then 20% for each succeeding year, with a 100% non-forfeitable right by the end of 6 years.

With Graded Vesting,the Period for Acquiring a Non-Forfeitable Right in Employer