What Does Conditional Vesting Mean?

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What does Conditional Vesting mean? Read on to discover the definition & meaning of the term Conditional Vesting - to help you better understand the language used in insurance policies.

Conditional Vesting

Conditional Vesting

A vesting agreement in a contributory pension plan in which the vested benefit is predicated on nonwithdrawal of the insured's contributions.

We hope the you have a better understanding of the meaning of Conditional Vesting.

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