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| Name | Retirement Benefit Concepts |
| Video Uploader | Video From GreggU |
| Upload Date | This Video Uploaded At 20-09-2018 19:00:05 |
| Video Discription | Certain rights are associated with retirement plans. A retirement plan is a program established and funded by the employer and-or employees to fund employees’ retirement years. Organizations are not required to offer retirement plans to employees beyond contributions to Social Security. One such right, called vesting, gives employees a benefit that cannot be taken away. If employees resign or are terminated before they have been employed long enough to become vested, no pension rights accrue to them except the funds they have contributed. If employees work for the required number of years to be fully vested, they retain their pension rights and receive the amounts contributed by both the employer and themselves. Another feature of some retirement plans is portability. In a portable plan, employees can move their retirement benefits from one employer to another. |
| Category | Education |
| Tags | human resource managemnt | human resources | human resource | hr | hrm | benefit | benefits | retirement | retirement benefit | retirement benefits | vesting | vested | portability |
