Vesting Refers to

question 52

Multiple Choice

Vesting refers to

• A)how long until an employee owns any employer contributions to the employee's pension plan.
• B)how long until an employee can transfer any of his own contributions to a new plan if he switches jobs.
• C)eligibility requirements to retire early.
• D)restrictions on asset allocations within a defined contribution plan.
• E)the extent to which an employee materially participated in a given business in a given year.

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Definitions:

Organizational Factor

Elements within a workplace that influence its functioning and performance, such as leadership, culture, and structure.

Job Performance

The effectiveness and efficiency with which an individual or group completes tasks in a work setting.

Company's Culture

A collective set of values, beliefs, and behaviors that characterizes an organization and its members.

Leadership Style

A leader’s characteristic way of behaving in a variety of situations.