haciz [amer.]

Türkisch - Englisch

Definition von haciz [amer.] im Türkisch Englisch wörterbuch

{i} vesting

Present participle of vest

Characteristic of pension plans guaranteeing the employee's right to part or all of the employer's contributions if employment terminates prior to retirement

The right an employee acquires over time through length of service with a company to receive employer-contributed benefits from a pension fund, profit-sharing plan or other qualified plans or trusts Following the passage of the Tax Reform Act of 1986, an employee automatically becomes 100% vested after five years of service or 20% a year beginning the third year of employment and 100% after seven years The most common types of vesting are as follows

Granting to employees entitlement to a pension at retirement

Nonforfeitable ownership (or partial ownership) by an employee of the retirement account balances or benefits contributed on his/her behalf by an employer The Tax Reform Act of 1986 established minimum vesting rights for employees based on their years of service-full vesting in five years or 20% vesting per year starting by the end of the third year

An ERISA guideline stipulating that employees must be entitled to their entire retirement benefits within a certain period of time even if they are no longer with the employer

Vesting is a process in a qualified retirement plan where participants earn a nonforfeitable right to accrued benefits (under a defined benefit plan) or account balances (under a defined contribution plan) by the completion of years of service as specified under the plan's vesting provisions

Reaching the point, through length of service, at which an employee acquires the right to receive employer-contributed benefits such as pensions

A right that an employee acquires, depending on the length of service, to receive employer-contributed benefits, such as a pension plan or stock-option plan

In either retirement plan, vesting refers to the right to receive a benefit at some point Members are always 100% vested in their own contributions

An employee's right, usually earned over time, to receive some retirement benefits, regardless of whether the individual remains with the employer

Allows a member to terminate employment before being eligible for a normal retirement benefit and defer receipt of a monthly benefit until the individual is eligible to receive a normal retirement benefit

When an employee becomes eligible for retirement benefits from the employer, whether the employee remains with the company or not Cliff vesting is when you can keep 100 percent of the employer contributed money at the end of a predetermined length of service, such as five years Graded vesting is when you gradually become vested between a certain number of years For instance, you may become vested 20 percent each year between your second and seventh years until you eventually reach 100 percent

The inclusion of all or part of the employer contributions in the benefit payment to a member who leaves his or her employment before being eligible for a retirement benefit "Full vesting" means that the member is entitled to all of the employer contributions, while "partial vesting" means that only a portion of the employer's contributions are applied to the member's benefit A "vesting scale" sets out the rate at which, over the period of employment, the employer's contributions vest in the member In general, vesting scales now apply to only a limited number of schemes, most of which have been in operation for many decades Almost all industry funds provide for full vesting for all their members

relates to superannuation, an employee's entitlement to optional employer superannuation contributions Vesting is usually expressed on a scale, for example for each year of service employees are entitled to a further 20% of optional employer contributions This means that after 5 years of service an employee is entitled to 100% of these contributions if they leave the employer

The right of an employee to all or a portion of the benefits he or she has accrued, even if employment terminates Employee contributions, as in a 401(k) plan, always are fully vested Employer contributions vest according to a schedule defined by the plan and are usually based on years of service

The process by which an employee obtains full credit for the employer contributions into a benefit plan (normally a pension plan or a deferred profit sharing plan)

Your right as a plan member to a pension benefit from the plan Once your pension is vested, you are entitled to receive your accrued benefits at retirement, even if you terminate employment before retirement age

the entitlement of an employee to receive the full benefit of a pension at normal retirement age or a reduced pension upon early retirement even upon change of employer before retirement

Nonforfeitable ownership (or partial ownership) by an employee of the retirement account balances or benefits contributed on the employees behalf by an employer The Tax Reform Act of 1986 established minimum vesting rights for employees based on their years of servicefull vesting in five years or 20% vesting per year starting by the end of the third year

Silbentrennung

ha·ciz [a·mer.·]