In most companies, an employee must work for a number of years before qualifying for pension benefits.This process is referred to as:

Question

Quizplus · Accepted Answer

Vesting refers to the process of an employee earning the right to receive pension benefits based on their length of service with the company. Once an employee is fully vested, they are entitled to the pension benefits even if they leave the company before retirement age.

In Most Companies, an Employee Must Work for a Number