Which of the following guarantees that accrued retirement benefits will be given to retirement plan participants when they leave the employer?
A) Pension
B) Vesting
C) Portable benefits
D) Flexible spending

Question

Quizplus · Accepted Answer

Vesting refers to the process by which an employee becomes entitled to a pension or retirement plan. Once an employee is vested in a retirement plan, they are guaranteed to receive the accrued benefits when they leave the employer. Portable benefits and flexible spending are not directly related to ensuring that accrued retirement benefits are given to plan participants.

Which of the Following Guarantees That Accrued Retirement Benefits Will