Vesting Question

[MBCarey]

Is it acceptable to calculate vesting from date of eligibility rather than date of hire?

[WDIK]

Generally, all years of service with an employer must be counted for vesting purposes.

Two of the main exceptions are:

1) Years before age 18;

2) Years before the effective date of the plan (assuming no successor plan rules apply);

The plan document will contain the pertinent language.

Excluding years before eligibility date would not meet the vesting requirements.