Legal Question in Employment Law in Virginia
vesting issue in a not profit organization
I am being laid off because of budget issues from a non profit organization. I would have been fully vested in 7/07 and eligible for $10,000. Do I have any rights to the money since I won't complete the 5 years of employment?
Asked on 10/23/06, 2:02 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: vesting issue in a not profit organization
No, I would say you don't unless you have a contract which suggests otherwise.
Answered on 10/23/06, 2:09 pm