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    tjose63's Avatar
    tjose63 Posts: 1, Reputation: 1
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    #1

    Jun 28, 2013, 09:37 AM
    What is a vested pension
    I worked for a company for eight years. I lost my job in the 8th year. Do I receive any sort of pension?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jun 28, 2013, 09:47 AM
    No one here can guess and come up with a 100% correct answer. What do the pension papers say? What does your former employer say?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #3

    Jun 28, 2013, 12:57 PM
    There are several types of vesting. Some companies have graduated vesting where you vest a percentage each year. Some plans have cliff vesting where you become 100% after x years.

    ERISA requires that you be 100% after 10 years, but you could be 0% until then.

    Also, how you lost your job could matter.

    But we can't tell you, it depends on rules specific to your company or employment contract.
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