Question

If you are participating in a five-year apprenticeship program and work a minimum of 1,000 hours every year, approximately when will you be considered vested?

Select one:

a.
After you graduate and earn Journey-worker status

b.
At the beginning of your 2nd year of apprenticeship

c.
At the end of your 4th year

d.
During your 5th and final year of apprenticeship

Answer 1

In a five-year apprenticeship program, you will be considered vested at the end of your 4th year.

Step-by-step explanation:

In a five-year apprenticeship program, you would become vested at the end of your 4th year. Vested means you have earned the right to certain benefits or privileges, such as receiving a pension or retaining ownership of shares.

Since you work a minimum of 1,000 hours every year, by the end of your 4th year, you would have completed a total of 4,000 hours. This fulfills the requirement for vesting in the apprenticeship program.

Therefore, at the end of your 4th year, you will be considered vested.

Learn more about Vesting in an apprenticeship program