- vesting plan
- régime tenant compte des droits acquis (TT)
English-French insurance dictionary. 2013.
English-French insurance dictionary. 2013.
Vesting — In law, vesting is to give an immediately secured right of present or future enjoyment. One has a vested right to an asset that cannot be taken away by any third party, even though one may not yet possess the asset. When the right, interest or… … Wikipedia
Vesting — The process by which employees accrue non forfeitable rights over employer contributions that are made to the employee s qualified retirement plan account. Generally, non forfeitable rights accrue based on the number of years of service performed … Investment dictionary
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
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
457 plan — The 457 plan is a type of tax advantaged defined contribution retirement plan that is available for governmental and certain non governmental employers in the United States. The employer provides the plan and the employee defers compensation into … Wikipedia
Accelerated Vesting — A form of vesting that takes place at a faster rate than the initial vesting schedule in a company s stock option plan. This allows the option holder to receive the monetary benefit from the option much sooner. If a company decides to undertake… … Investment dictionary
401(a) Plan — A money purchase retirement savings plan that is set up by an employer. The 401(a) plan allows for contributions by the employee, the employer, or both. Contribution amounts, whether dollar based or percentage based, eligibility, and vesting… … 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
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
pension plan — A plan established and maintained by an employer primarily to provide systematically for the payment of definitely determinable benefits to his employees, or their beneficiaries, over a period of years (usually for life) after retirement.… … Black's law dictionary