Employment Tenure

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Definitions
Vested Benefit
Vested Benefit Employee Benefits Pension Scheme Employment Tenure Defined-Benefit Plan Employee Share Plan
A vested benefit is a benefit which an employee possesses full entitlement to, and will retain under any circumstances. Vesting ensures that the employee will retain specific benefits such as pension entitlements or shares, typically after serving the company for a specified period. The vesting status impacts how entities account for obligations under defined-benefit pension schemes or employee share plans.
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