Jan 30, 2012
went i decide to colloct my vested rights; what is the proceedure. what do i need to do ?
| Response from Mr. Chambers
It depends on what benefits are vested. You can claim your vested vacation pay when you leave your job. To claim vested pension benefits, you must meet the requirements for eligibility, usually age and/or disability. To claim your vested funds in a defined contribution retirement plan, you usually need to terminate employment, although there may be some hardship exceptions. Check you plan document to be sure.
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