Under ERISA, Vesting Conveys to Employees the Right to Share

question 107

True/False

Under ERISA, vesting conveys to employees the right to share in a retirement fund in the event they are terminated before the normal retirement age.

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Definitions:

Arousal Theory

The theory suggesting that people are motivated to maintain an optimal level of arousal for their best performance.

Homeostasis

The regulatory process by which biological systems maintain stability while adjusting to changing external conditions.

Drive Reduction

A theory suggesting that motivation arises from the desire to reduce physical needs, such as hunger or thirst, thereby maintaining homeostasis.

Physiological Need

A physiological need is a basic bodily requirement that humans must satisfy to maintain health and survival, such as the need for food, water, and sleep.