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Glossary   >   V   >   "Vesting" Definition            Vesting A process by which employees accrue non-forfeitable rights to employer contributions that are made to the employee"s qualified retirement plan account. Conversion. For example the vesting of a pension fund is its conversion into a pension. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Vesting - A process by which employees accrue non-forfeitable rights to employer contributions that are made to the employee"s qualified retirement plan account.

Conversion. For example the vesting of a pension fund is its conversion into a pension.