Deidre has five years of service completed as of February 5,2016,her employment anniversary date.If the defined benefit plan [not a § 401(m)arrangement] uses the cliff vesting schedule,determine Deidre's nonforfeitable percentage.
A)0%
B)60%
C)80%
D)100%
E)None of the above

Question

Quizplus · Accepted Answer

Under the cliff vesting schedule, an employee becomes 100% vested after completing a specified number of years of service, typically five years. Since Deidre has completed five years of service, her nonforfeitable percentage is 100%.

Deidre Has Five Years of Service Completed as of February