PENSION BENEFITS. VF sponsors and maintains the VF Corporation Pension Plan (the Pension Plan), a tax-qualified defined benefit plan that covers most of VFs domestic employees who were employed by VF on or before December 31, 2004, including the named executive officers.here are two formulas for computing benefits under the Pension Plan. The normal retirement formula is used for employees who qualify for early retirement under the Pension Plan upon termination, by being credited with at least 10 years of service with VF and having attained age 55.
The VA issues a certificate of eligibility which will show how much entitlement is available for the VA guarantee. Today, that entitlement is $36,000 and the VA will guarantee up to four times that amount, or $144,000. For loans above that amount, the VA guarantee applies to 25 percent of the loan up to $417,000.
Credit history is certainly a highly important consideration for VA Loan eligibility, but borrowers with low credit scores, poor credit history and even bankruptcy can still gain approval for a VA loan. The VA loan qualification guidelines for individuals with a bankruptcy vary depending on a Chapter 7 or Chapter 13 bankruptcy. With a Chapter 7, the VA requires that an individual must wait no less than two years from the discharge date of the bankruptcy before qualifying for loan approval. Additionally, the individual must provide a full explanation of the Chapter 7 bankruptcy and have re-established good credit. Proof of job stability will also be necessary for approval. With a Chapter 13 ...