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vested

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The definition of vested is a legal right or position has been secured or put into force.

(adjective)

When a pension has become guaranteed and you are definitely entitled to it, this is an example of a pension that would be described as vested.

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See vested in Webster's New World College Dictionary

adjective

clothed; robed, esp. in church vestments
including a vest (): said of a man's suit
Law not contingent upon anything; fixed; settled; absolute: a vested right

Origin: pp. of vest

See vested in American Heritage Dictionary 4

adjective

Law Settled, fixed, or absolute; being without contingency: a vested right.
Dressed or clothed, especially in ecclesiastical vestments.

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