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Tagged: pention benifits
Vesting gives an emplouee rights to employer-provided assets overtime,which gives the employee an incentive to perform well and remain with the company.
It is a process by which authority, benefit or privilege or right to or interest in an asset or property, passes unconditionally to a particular entity.
vesting is the process by which an employee accures non-forfeitable right over employer provided stock incentives or employer comtributions made to the employee’s qualified retirement plan account or pension plan.
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