In which of the following procedures does vesting take place gradually over the first six years of employment?
A)Cliff vesting
B)Contributory vesting
C)Self-directed schedule
D)Graded schedule
E)Maximum vesting

Question

Quizplus · Accepted Answer

Graded schedule vesting allows for vesting to occur gradually over a set period of time, often six years as specified in the question. This is different from cliff vesting which requires an employee to be employed for a certain period of time before becoming fully vested. Contributory vesting and self-directed schedule are not terms that refer to specific vesting schedules, and maximum vesting is not a common term related to vesting schedules.

In Which of the Following Procedures Does Vesting Take Place