...pension plans. THE ADVANTAGES which vesting brings to the private pension system are the following. As a matter of equity and fair treatment, an employee...benefit against any termination of his employment. Vesting validates the accepted concept that employer contributions to pension plans represent "deferred...

...Briefly stated, the advantages which vesting brings to the private pension system are the following: As a matter of equity and fair treatment, an employee...benefit against any termination of his employment. Vesting validates the accepted concept that employer contributions to pension plans represent "deferred...

...Briefly stated, the advantages which vesting brings to the private pension system are the following : As a matter of equity and fair treatment, an employee...benefit against any termination of his employment. Vesting validates the accepted concept that employer contributions to pension plans represent "deferred...

...Briefly stated, the advantages which vesting brings to the private pension system are the following : As a matter of equity and fair treatment, an employee...benefit against any termination of his employment. Vesting validates the accepted concept that employer contributions to pension plans represent "deferred...

...the security of pension rights. As suggested by the President's Cabinet Committee Report of 1965 ; "As a matter of equity and fair treatment an employee...benefit against any termination of his employment." Concern for loss of benefits by workers after long years of labor through circumstances beyond their...

...protect the security of pension rights. As suggested by the President's Cabinet Committee Report of 1965: "As a matter of equity and fair treatment an employee...pension plan is entitled, after a reasonable period 01 service, to protection of his future retirement benefit against any termination of his employment."...

...specified types of termination. Actually, a pension plan represents money earned by a group of employee! and used for the benefit of that group as a whole....his employment has to forfeit his right to a future penson. Both circumstances are charged with inequity." The merits of vesting are almost universally...

...equity in that plan even if his employment terminates before he can retire under that plan. In its 1966 report, the President's Committee concluded: "As a...worker in a similar position who voluntarily changes bis employment has to forfeit his right to a future penson. Both circumstances are charged with inequity."...

...retirement, except in the event of plan termination or complete discontinuance of contributions. °" As a matter of equity and fair treatment, an employee covered by a qualified plan should be entitled, after reasonable service, to protection of his retirement benefit...

...retirement, except in the event of plan termination or complete discontinuance of contributions.™ As a matter of equity and fair treatment, an employee covered by a qualified plan should be entitled, after reasonable service, to protection of his retirement benefit...