{"iri":"https://lexicon.financial/business/bls/CliffVesting","label":"Cliff vesting","definition":"Provision which stipulates that participants in a retirement plan have no vesting rights to future benefits until a service requirement has been met, after which they are 100 percent vested.","license":"https://www.usa.gov/government-copyright","source":"bls","source_url":"https://www.bls.gov/bls/glossary.htm"}