"Vesting," as Used in a Pension Plan,means

question 10

Multiple Choice

"Vesting," as used in a pension plan,means:

• A) there are adequate funds to pay expected benefits.
• B) a beneficiary's right to receive payments cannot be violated.
• C) the plan covers all eligible employees.
• D) the plan is adequately-insured.
• E) the plan has qualified for all government approvals.

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Definitions:

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