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, Works at Life Insurance Corporation of India. Vested Bonus is the bonus which is already accumulated in you policy at the end of particular financial year. Every year LIC declares bonus in its Participating/with profit policies according to valuation of actuarial department of LIC.
Being vested means that you have earned the right to receive a monthly payment when you retire. It also means that your beneficiaries can receive certain benefits if you die while you are still working.In general, your ability to vest in SERS is based on the number of years you work.eing vested means that you have earned the right to receive a monthly payment when you retire. It also means that your beneficiaries can receive certain benefits if you die while you are still working.