An advantage of lay ministers being
vested is the uniformity of clothing.
Many companies using the modified prospective application method will have NQSOs that were granted and at least partially
vested prior to adopting Statement no.
Short-term deferrals, where payment occurs within 2-1/2 months after the end of the year in which the amount becomes
vested, are not covered, pending further guidance.
About 50 or 60 have been
vested since that time, but within the next few months, sources say about 150 commercial properties in Queens, Brooklyn and Staten Island that have defaulted on in rein agreements and owe more than $2,000 will be taken over by the city.
Also,
vested benefits are not payable until a terminated employee has reached a pension plan's early retirement age, at the least.
Clearly, the cost of producing nine buildings far exceeds the cost of producing one foundation, yet under the Vesting Amendment the latter situation enjoys
vested status while the former situation does not.
The FASB proposes annual note disclosure of the
vested postretirement benefit obligation (VPBO).
Deferrals in account balance plans subject to FICA are (1) the current-year
vested deferral and (2) deferrals from prior years and accumulated earnings that become
vested.
Cash repurchases of
vested awards for an amount equal to the estimated fair value of the award at the purchase date don't require you to adjust the previously recognized compensation cost.
Bronx and Manhattan will also be
vested within the next month or so.
The participant was 40%
vested in his employer's qualified profit-sharing plan when he voluntarily resigned in 1991.
