Vesting Services. Optional Plan Sponsor will provide Empower with up-to-date f ull- service vesting information electronically and ongoing Participant information as needed for the purpose of perf orming vesting services. Plan Sponsor Directs Empower to:(i) maintain each Participant’s vesting percentage on Empower’s recordkeeping system; (ii) calculate and process withdrawals and/or loans according to the vested percentage; and (iii) display the Participant’s vested account balance on the quarterly statements.
Vesting Services. Indicate whether you will give credit for vesting service for time spent with a predecessor employer, and if so, specify the maximum number of years and the type of predecessor service for which credit will be given. For vesting purposes (select one): X Service with a predecessor employer will not be considered. ----- ----------------------------------------------------------------------------- ___ Service (up to a maximum of ____ years) with the following employer(s) will be considered: -----------------------------------------------------------------------------
