Guest justbe Posted February 24, 2005 Posted February 24, 2005 Is the cash out of 2 weeks leave for a terminated employee the same as crediting them an additional two weeks service for vesting purposes.
david rigby Posted February 24, 2005 Posted February 24, 2005 Probably an issue to be determined by reference to plan provisions. What is the plan's definition of vesting service. (Most plans do not define service in weeks.) I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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