Deidre has five years of service completed as of February 5, 2017, 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 a cliff vesting schedule, an employee becomes 100% vested after a specified period, typically after three to five years of service. Since Deidre has completed five years of service, she is 100% vested.

Deidre Has Five Years of Service Completed as of February