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Glossary |
V
Vest, Vested or Vesting
These terms refer to the assurance of a future benefit after you work a specified number of years and earn creditable service in a regularly established position with an employer participating in the Florida Retirement System. Once you are vested, your vested status is not affected by terminating covered employment before retirement; however, being vested does not entitle you to a disability benefit based on a disability caused by an injury or disease
that occurs after you terminate employment.
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