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Faster Vesting, Automatic Enrollment Highlight Defined Contribution Provisions of New Pension Act (PDF)
Seyfarth Shaw 
Aug. 14, 2006 5 pages. Excerpt: Beginning in 2007, all employer contributions must vest completely after three years of service, or must vest at the rate of 20% per year beginning not later than the second year. This is the same vesting schedule that currently applies to matching contributions. MORE >> |
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