Nonforfeitable benefit

Benefits that are vested, meaning that they belong fully to the employee and may not be rescinded.

Related Terms: 5 Full, ITS, Long, Mean, Rescind

Other Related Pages: Category: Retirement Starting With: N

Additional Related Terms: At par, At best, At call, Accelerated benefits, Accidental death benefit, At risk, Add-on service, Action to quiet title, Assignment to creditors, Attorney in fact