403(b) Vesting

Vesting 403(b) Retirement Plan

Benefits eligible years of service, which will count for purposes of your vesting in the employer contributions, shall be in accordance with the following schedule:

Combined Years of Benefits Eligible Service Vested Percentage (Employer Contribution)
Less than 3 years 0%
3 years or more

100%

  • All employees are fully and immediately vested in the accrued benefits arising from employee contributions and rollover contributions
  • A year of service is earned for each year you are employed in a status USNH position, beginning with the date you make an elective contribution entitling you to an employer contribution

This page last updated Thursday, March 23, 2017. For information on the adoption and effective dates of policies please see explanation on the OLPM Main Menu.