benefits that are not contingent on the employee continuing in the service of the company are

Question

Quizplus · Accepted Answer

Vested benefits refer to benefits that are earned and cannot be taken away, even if the employee leaves the company. This means that the benefits are not contingent on continued service, making option D the correct choice. Accumulated benefits (option A) and benefits earned to date (option C) may still be contingent on continued service, while projected benefits (option B) refer to estimates of future benefits and may also be contingent on continued service.

Benefits That Are Not Contingent on the Employee Continuing in the Service