Under ERISA, Vesting Conveys to Employees the Right to Share

question 5

True/False

Under ERISA, vesting conveys to employees the right to share in aretirement age.

---

Definitions:

Property Insurance Policies

Contracts between an insurer and a policyholder that specify the property covered, the risks insured against, and the terms of coverage.

Flood-Related Losses

Damage or losses sustained as a direct result of flooding, usually requiring specific insurance coverage.

Friendly Fires

Incidents where individuals are accidentally harmed by forces from their own side, typically in a military context.

Insurable Interest

A requirement stating that a person seeking to purchase an insurance policy must have a direct interest in protecting the object of the insurance from loss.