Question: Evan has been employed at ABC Ltd . for the past 5 years and has been contributing to the companys Defined Benefit Pension Plan (
Evan has been employed at ABC Ltd for the past years and has been contributing to the companys Defined Benefit Pension Plan DBPP
He is considering leaving the company and has asked you what he would be entitled to under the pension plan. You indicate that usually after two years of membership in the plan, the employee is entitled to keep the company contributions. The right to keep these contributions is known as:
Select one;
a Lockingin
b Portability
c Vesting
d Pension adjustment
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