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2020 MIP
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<blockquote data-quote="Brownwifey" data-source="post: 5086502" data-attributes="member: 51329"><p>Actually, the vesting of RSU's was changed to one year, but the LAPSE schedule is still 20% for five years. So for $1000 RSU's you would wait 1 year (100% vested, 20% lapsed), year 2 (20% lapsed), year 3...... . If you retire, all your RSU's vest immediately but lapse as per the normal schedule. Ridiculous, but true.</p></blockquote><p></p>
[QUOTE="Brownwifey, post: 5086502, member: 51329"] Actually, the vesting of RSU's was changed to one year, but the LAPSE schedule is still 20% for five years. So for $1000 RSU's you would wait 1 year (100% vested, 20% lapsed), year 2 (20% lapsed), year 3...... . If you retire, all your RSU's vest immediately but lapse as per the normal schedule. Ridiculous, but true. [/QUOTE]
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