Common use of Full Vesting Clause in Contracts

Full Vesting. After age 45 and 10 years of service, a terminating member is entitled to the actuarial equivalent of the benefits payable at normal retirement. Such benefits are not to be less than the benefits payable under Minimum Vesting.

Full Vesting. After age Age 45 and 10 years of continuous service, a terminating member is entitled to the actuarial equivalent of the benefits payable at normal retirement. Such benefits are not to be less than the benefits payable under Minimum Vesting.

Full Vesting. After age 45 and 10 years of continuous service, a terminating member is entitled to the actuarial equivalent of the benefits payable at normal retirement. Such benefits are not to be less than the benefits payable under Minimum Vesting.