53. Full vesting upon attainment of normal retirement age

Statement of Requirement: Code § 411(a)

Sample Plan Language:

Notwithstanding the vesting schedule elected by the employer in section _____ of the adoption agreement, an employee's right to his or her account balance must be nonforfeitable upon the attainment of normal retirement age.

(Note to reviewer: The blank should be filled in with the section of the plan’s vesting schedule.)