Excess benefit plans generally have longer vesting periods than SERPs. (Supplemental Executive Retirement Plans (SERPs))

Name: Excess benefit plans generally have longer vesting periods than SERPs. (Supplemental Executive Retirement Plans (SERPs))
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Question

Quizplus · Accepted Answer

Excess benefit plans typically have shorter vesting periods compared to SERPs, which are designed to provide additional retirement benefits and may have longer vesting requirements.

Excess Benefit Plans Generally Have Longer Vesting Periods Than SERPs