Vested Interest definition

Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.
Vested Interest means the portion of a Participant’s, former Participant’s or Former BJS Participant’s Accounts which, pursuant to the Plan, is nonforfeitable.
Vested Interest means the portion, if any, of an Award that is vested in accordance with Article V.

Examples of Vested Interest in a sentence

  • Vested Interest Employees do not have a right to SUB payments except for supplemental of U I benefits during the unemployment period as specified in the plan.

  • Such Employee shall remain a Member solely with respect to the amount of any Retirement Allowance accrued prior to being covered under the CWA 3680/80A/1/2/5 Agreement on or after January 1, 2016, to the extent he was not given a distribution of his entire prior Vested Interest prior to being covered under the CWA 3680/80A/1/2/5 Agreement.

  • Such Employee shall remain a Member solely with respect to the amount of any Retirement Allowance accrued prior to being rehired or recalled by CWA 3680/80A/1/2/5 on or after January 1, 2016 to the extent he was not given a distribution of his entire prior Vested Interest prior to being rehired.


More Definitions of Vested Interest

Vested Interest means any interest which,
Vested Interest or “Vested Accrued Benefit” shall mean the portion of a Participant’s Accrued Benefit that is non-forfeitable.
Vested Interest means the vested interest determined in accordance with Section IV.
Vested Interest means a Grantee's nonforfeitable interest in his Award determined under the terms of his Award Agreement.
Vested Interest means any of the following:
Vested Interest means the amount of benefit to which a member has a nonforfeitable right in accordance with the provisions of this Act.
Vested Interest means the portion of the Participant’s applicable benefit under the Plan that is nonforfeitable.