Cliff vesting can result in 100 percent vesting after 3 years of employment.

Name: Cliff vesting can result in 100 percent vesting after 3 years of employment.
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

Cliff vesting is a type of vesting schedule in which an employee becomes fully vested in their employer's contributions after a certain period of time, typically 3-5 years. With cliff vesting, the employee does not become gradually vested over time, but rather reaches 100 percent vesting all at once after the specified time period.

Cliff Vesting Can Result in 100 Percent Vesting After 3