what is vesting?\no a. vesting conveys to employees the right to share in the retirement fund when the…

what is vesting?\no a. vesting conveys to employees the right to share in the retirement fund when the employee has reached 62 years of age.\no b. vesting conveys to employees the right to share in the retirement fund when the employee has reached 30 years of service.\no c. vesting conveys to employees the right to share in the retirement fund in the event they are terminated before the normal retirement age.\no d. all of these choices are correct.

what is vesting?\no a. vesting conveys to employees the right to share in the retirement fund when the employee has reached 62 years of age.\no b. vesting conveys to employees the right to share in the retirement fund when the employee has reached 30 years of service.\no c. vesting conveys to employees the right to share in the retirement fund in the event they are terminated before the normal retirement age.\no d. all of these choices are correct.

Answer

Brief Explanations:

Vesting gives employees the right to a share in the retirement - fund in case of termination before normal retirement age. It's not based on reaching a specific age like 62 or a fixed number of years of service like 30.

Answer:

C. Vesting conveys to employees the right to share in the retirement fund in the event they are terminated before the normal retirement age.