- vesting of benefits
- acquisition du droit aux prestations, acquisition, acquisition de droits (2e)
English-French insurance dictionary. 2013.
vesting of benefits
Regardez d'autres dictionnaires:
vesting — n. An employee’s acquisition of an unconditional right to receive retirement benefits after working for an employer for the required period. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell.… … Law dictionary
vesting — Nonforfeitable ownership (or partial ownership) by an employee of the retirement account balances or benefits contributed on the employees behalf by an employer. The Tax Reform Act of 1986 established minimum vesting rights for employees based on … Financial and business terms
vesting — Right that employee acquires to various employer contributed benefits (e.g., pension) after having been employed for requisite number of years. Federal laws (e.g., ERISA) govern vesting rights. See also vested pension … Black's law dictionary
vesting — /ves ting/, n. 1. cloth that is usually of medium or heavy weight and has figures or ridges, as piqué, jacquard, dobby silk, or Bedford cord, originally used for decorative vests and now also for a variety of other garments. 2. the granting to an … Universalium
vesting — vest•ing [[t]ˈvɛs tɪŋ[/t]] n. bus the granting to an employee of the right to pension benefits despite retirement before the usual time or age • Etymology: 1940–45 … From formal English to slang
vesting — Having worked for a company the minimum amount of time necessary to qualify for various benefits. ► “National City launched an employee stock option plan . . . which rewards employees for their dedication by offering those employed on May 17,… … American business jargon
Cliff Vesting — The process by which employees earn the right to receive full benefits from the employee s qualified retirement plan account at a specified date, rather than becoming vested gradually over a given period of time. Cliff vesting happens when… … Investment dictionary
Unconditional Vesting — Pension benefits that are entitled to the employee without any restrictions. The employee is fully entitled to the vested benefits, even if he or she chooses to withdraw plan contributions. This is opposite to conditional vesting, in which… … Investment dictionary
Graded Vesting — The process by which employees gain a certain percentage of irrevocable rights over employer contributions made to the employee s retirement plan account each year until the employee is fully vested. With graded vesting, an employee will become… … Investment dictionary
Graduated Vesting — The accelerated benefits employees receive as they increase the duration of their service to an employer. A vesting schedule is mandated by federal law for the employers contribution portion of private retirement plans. It specifies the minimum… … Investment dictionary
Withdrawal Benefits — The rights of an employee who has a qualified pension plan to cash out any accumulated benefits upon leaving an employer. Withdrawal benefits under a defined contribution plan may allow the employee to have immediate rights to any contributions,… … Investment dictionary
