Meaning Vested benefit
What does Vested benefit mean? Here you find 2 meanings of the word Vested benefit. You can also add a definition of Vested benefit yourself
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Vested benefitAccrued benefits of a participant that have become nonforfeitable under the vesting schedule adopted by the plan.
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Vested benefitThe amount of vested benefit is the minimum sum which must be paid to a member of a superannuation fund when the member becomes entitled to a benefit on withdrawal. (eg. on resignation.)
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