When Kimberly begins working for Pharmco Industries the company tells her that at a future after so many years of employment with the company she can receive retirement pay. Her rights to receive pay upon retirement would be considered
a. vested.
b. accrued.
c. sheltered.
d. inferred

Respuesta :

Answer: a) vested.

Explanation:

According to the legal terms , vested is defined as the secured right in which a person can receive benefit in future or present stage in the form of asset.Any person or third party cannot take away the right for asset that is or has to be gained by the person.

According to the situation in question, Kimberley is receiving payment of retirement when she retires is vested as her right for getting the payment is secured even when she is working and after the retirement. This pay cannot be restricted by her company and thus, she is getting it.

Other options are incorrect accrued is used for increasing the payment over certain time period.Sheltered is providing of services in time of difficulties to be protected. Inferred is concluding of something through a particular evidence.

Thus, the correct option is option(a).