Asked by
Sanand Awasthi
on Oct 28, 2024
Verified
Vested benefits are
A) estimated benefits
B) not contingent on future service to a company
C) to be received as a lump sum payment
D) lost when employment is terminated
Vested Benefits
Benefits that an employee has earned the right to receive, even if they no longer work for the employer, typically in a pension or retirement plan.
- Identify and compute vested and non-vested pension benefits.
Verified Answer
AP
Learning Objectives
- Identify and compute vested and non-vested pension benefits.