nonforfeitable benefit


Benefits that are vested, meaning that they belong fully to the employee and may not be rescinded.

Use this term in a sentence

You should try and get a nonforfeitable benefit in your contract that you know will always be with you no matter what.


It was a nonforfeitable benefit and that meant that it belonged to me because I was the employee and it could not be taken away.


The nonforfeitable benefit was fully realized by employee who changed companies but was allowed to continue in his retirement plans exactly as before.


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non-financial asset nonhomogenic