Only you can prevent house fires â or at least greatly lower the risk by keeping an eye out for these warning signs of trouble. (Photo: Thomas Skjaeveland/Shutterstock) Electrical malfunctions cause more than 50,000 house fires each year, according to Electrical Safety Foundation International. The majority can be prevented. To protect your own home, start by checking your fuse box or breaker panel for the date of your last inspection.
Legal Definition of vested. 1 : fully and absolutely established as a right, benefit, or privilege : not dependent on any contingency or condition; specifically : not subject to forfeiture if employment terminates before retirement vested pension benefits.
Vesting of Pension Benefits. When your pension benefits are vested you are unconditionally entitled to receive the pension benefits you have earned (or accrued) under your pension plan. Being vested means you are entitled to receive a pension benefit equal to the value of your individual defined contribution account. This includes the contributions you have made (if any), and your employer's contributions, plus the interest or investment return credited to the contributions.