Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: beaversmom

Sounds to me like an error when the transfer was made. Somebody might have keyed in the wrong start/termination date at the new plan so they aren’t calculating his vesting correctly. Mistakes happen.

BUT, then again, the more I think about it..it is possible they could change the vesting.


23 posted on 08/13/2010 3:34:02 PM PDT by macquire
[ Post Reply | Private Reply | To 21 | View Replies ]


To: macquire
Sounds to me like an error when the transfer was made. Somebody might have keyed in the wrong start/termination date at the new plan so they aren’t calculating his vesting correctly. Mistakes happen.

That would be nice. I was thinking, maybe hoping, that the information just wasn't given to AUL yet. The guy at AUL told my husband today that a new plan can change the vesting terms though. I don't know. The lady from the government office seemed to indicate the same thing. We'll have to just to hear what the H.R. person says on Monday and get the plan terms in writing like the other FReeper suggested. She was, of course, on vacation Thursday and today.

24 posted on 08/13/2010 3:41:55 PM PDT by beaversmom
[ Post Reply | Private Reply | To 23 | View Replies ]

To: macquire

They cannot take what has already been given to an employee if the employee is fully vested. The money is no longer the employer’s.


28 posted on 08/13/2010 4:01:47 PM PDT by DallasDeb (USAFA '06 Mom)
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson