VESTING: DEFINED BENEFIT PLANS
01.Core Concepts
Cash Balance Plan Top-Heavy Plan 2-Year Eligibility Election* All Employer Contributions* Years of Service 3-Year Cliff 2-to-6-Year Graduated 5-Year Cliff 3-to-7-Year Graduated 0 0 0 0 0 0 1 0 0 20% 100% 0 0 2 100% 100% 40% 100% 0 20% 3 100% 100% 60% 100% 0 40% 4 100% 100% 80% 100% 100% 60% 5 100% 100% 100% 100% 100% 80% 6 100% 100% 100% 100% 100% 100% 7