Sec. 120.504B. - Vesting.

Upon leaving employment, CDC plan members will be entitled to 100 percent of their own contributions and earnings and will be entitled to the following percentages of the employer's contribution and earnings after the indicated number of years of service: Members of the CDC plan shall be 25 percent vested upon the conclusion of six months of credited service; shall be vested 50 percent vested upon conclusion of one year of credited service; shall be vested 75 percent upon conclusion of two years of credited service; and shall be fully vested upon the conclusion of three years of credited service. (Ord. 2017-258-E , § 1)