Vesting signifies that an employee has fulfilled specific criteria to claim ownership over a designated portion of their retirement savings. For instance, employers often contribute a matching ...

The Orissa High Court has recently reiterated that an employee has no vested right to choose his place of posting or designation and it is only the prerogative of the employer to decide the same ...

The Employee Retirement Income Security Act, or ERISA, for example, ensures that vested employee benefits aren't adversely impacted because of an M&A transaction. As such, the primary purpose of ...