nonforfeitable
adjective law specialized (also non-forfeitable) uk/ˌnɒn.ˈfɔː.fɪ.tə.bəl/ us/ˌnɑːn.ˈfɔːr.fɪ.tə.bəl/
(福利等)不可收回的
A nonforfeitable benefit (= something that an employee receives in addition to money) is one that they will always have the right to claim.
At normal retirement age, all benefits payable under this pension plan are nonforfeitable. 在正常退休年龄,根据该养老金计划应支付的所有福利都是不可收回的。
The pension scheme member has a nonforfeitable right to this portion.
- More examples
- The loan must be less than half the nonforfeitable accrued benefit under the plan.
- Upon the plan's termination, the rights of all affected employees to benefits accrued to the date of such termination shall be nonforfeitable.
- They were entitled to an immediate non-forfeitable annual pension.