Vested status definition

Vested status means the member's status of being guaranteed a pension benefit.
Vested status means the status of having ten (10) years of creditable service.
Vested status means the status of having ten (10) years of creditable service. (Board of Trustees of the Public EmployeesRetirement Fund; 35 IAC 1.2-2-1; filed Dec 20, 1988, 1:00 p.m.: 12 IR 1078; readopted filed Oct 31, 2001, 2:18 p.m.: 25 IR 897)

Examples of Vested status in a sentence

  • Vested status occurs immediately upon the beginning of the sixth semester of service and shall be awarded at the end of the sixth semester so long as evaluations continue to be satisfactory, in accordance with the EERC decision titled Letter of Agreed Interpretation: Time of Vesting, Spring 2011.

  • Vested status does not extend to part-time faculty members who have a break in their service to the discipline (i.e. zero LHE) unless reviewed by the cognizant Xxxx and approved by the Vice President for Employee Services prior to the break in service, based on verified justification submitted by part-time faculty member.

  • Non - vested member - employee who has contributed to the bank in the current contract year, but has not yet reached Vested status.

  • Vested status does not extend to part-time faculty members who have a break in their service to the discipline (i.e. zero LHE) unless reviewed by the cognizant Xxxx and approved by the Vice President for Human Resources prior to the break in service, based on verified justification submitted by part-time faculty member.

  • A Member whose employment terminated for any reason other than retirement is eligible for a Vested Retirement benefit if at termination the Member had attained Vested status.


More Definitions of Vested status

Vested status means that a Participant is one hundred percent (100%) vested in a benefit under the Plan.
Vested status or “Vested” means attainment of Normal Retirement Age, or completion of the requisite Years of Vesting Service in order to be entitled to retirement benefits under the Plan.
Vested status. The RSUs are fully vested as of the Date of Grant. You and the Company agree that these RSUs are granted under and governed by the terms and conditions of the Company’s 2021 Equity Incentive Plan (the “Plan”) and the Restricted Stock Unit Agreement (including, if applicable, the Appendix for Non-U.S. Participants), both of which are attached to, and made a part of, this document. Capitalized terms not otherwise defined herein shall have the meanings assigned to such terms in the Plan or the Restricted Stock Unit Agreement, as applicable. The Company may, in its sole discretion, decide to deliver any documents related to RSUs or the Plan, and all documents that the Company is required to deliver to shareholders (including annual reports and proxy statements), by email or other electronic means (including posting them on a website maintained by the Company or a third party under contract with the Company). You hereby consent to receive such documents by electronic delivery and agree to participate in the Plan through any online or electronic system established and maintained by the Company or another third party designated by the Company. You acknowledge that you may incur costs in connection with any such delivery by means of electronic transmission, including the cost of accessing the Internet and printing fees, and that an interruption of Internet access may interfere with your ability to access the documents. You further agree to comply with the Company’s Ixxxxxx Xxxxxxx Policy, as in effect from time to time, when selling common shares.
Vested status means satisfaction of one of the conditions of Article 4.8.
Vested status means the attainment of two Years of Continuous Service.
Vested status means the member's status of having ten (10) years of creditable service. being guaranteed a pension benefit.
Vested status means the status of having ten (10) years of creditable service. (Board of Trustees of the Public EmployeesRetirement Fund; 35 IAC 1.2-2-1; filed Dec 20, 1988, 1:00 p.m.: 12 IR 1078; readopted