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What are the differences between the Limited Five-Year Vesting and Ten-Year Vesting?

April 26, 2017differences Five-Year limited ten-year vesting

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What are the differences between the Limited Five-Year Vesting and Ten-Year Vesting?

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There are two major differences. Under the Limited Five-Year Vesting, benefits are not payable before age 65 and the Minimum pension of $220 per month is not applicable.