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Vested interest in your accounts
The following rules are used to determine if you are "vested":
  • Amounts in your pay deferral account, Roth pay deferral account, rollover account and Roth rollover account are always 100% vested.
  • Amounts in your matching contribution account are 100% vested if you attain age 65, become totally disabled, or die while employed by the Company.
You are "totally disabled" if you have a mental or physical condition that makes you eligible to receive Social Security disability benefits. However, total disability does not include disability resulting from:
    • Military service
    • Criminal activity
    • Alcoholism
    • Drug abuse
    • Intentional self-inflicted injury
  • Amounts in your matching contribution account are 100% vested if you have at least five "years of vested service."
If you leave the Company (for a reason other than retirement after age 65, total disability, or death) before completing five "years of vested service," all or a portion of the amounts in your matching contribution account will be forfeited. You will receive only your vested percentage of your matching contribution account. Your vested percentage is determined as follows:
Years of Vested Service
Vested percentage
Less than 2
5 or more
Year of Vested Service
You will receive a "year of vested service" for each Plan Year in which you are credited with at least 1,000 hours of service. The Company does not keep a record of individual hours worked by salaried employees. Salaried employees are credited with 45 hours of service for each week during which the employee would otherwise be credited with an hour of service.