“Vested” means that you are entitled to receive both the employer and employee pension contributions allocated to your account. “Not Vested” means you are entitled to receive only your own employee pension contributions.
If your Plan membership in the Pension Plan ends on or after July 1st, 2012, your total pension account balance is vested immediately, regardless of how long you have been a member of the Plan.
If your Plan membership in the Pension Plan ended prior to July 1st, 2012, your total account pension balance is vested after two years of continuous Pension Plan membership. Otherwise, your account balance is not vested.
