1 1
if .
__ l Q-· Epi, You earn a month of service if you work at least one To elect investment options for your future pre-tax
‘'. t 1t _ r hour during the month You also receive credit for contributions, visit the Retirement Web site or call
``t1__ vesting purposes for up to 12 consecutive months if the automated Touch Tone system and follow the
you are employed but absent from active service (with prompts for the 40l(k) and Pension Plan optron
if or without receiving pay) for reasons such as sickness, In the absence of an election, your future pre-tax
disability or approved leave of absence If you cease to contributions will be invested in the Stable
Z be an associate and are rehired within l2 months of Capital Fund
fp your separation date, you may receive vesting credit
2 for all or some of the months you were not working You can reallocate your 40l(k) Plan account balances
E among the plan’s investment options as often as
5 If you worked for a company that merged with or was you wish However, a special rule applies to your
(D acquired by Bank of America, or if you have service company-matchrng contributions stock account.
= credited under a plan that was merged into the You are only able to direct the investment of your
"" Bank of America 40l(k) Plan, see the "Serv1ce with company-matching contributions stock account
-5 other companies†section later in this chapter for after you have attained age 55 and are fully vested.
5 additional information about your vesting service. Until that time, your company—matching contributions
S stock account rema1ns invested in Bank of America
U" If you become disabled or are on unpaid leave Corporation common stock Former Nat1onsBank
Your current 40l(k) Plan balance becomes 100% associates may also have preferred stock IH this account
vested if you become disabled and qualify to receive
long-term disability benefits If you are not eligible for TRASOP shares of former BankAmerica associates
benefits under the Bank of America long-term d1sab1l- have been transferred to their company-matching
ity plan, your current 40l(k) Plan balance becomes contributions stock account Dividends that were paid
l00% vested if you are disabled as defined 1n the directly on TRASOP shares cont1nue to be paid.
"Long—term d1sab1l1ty" section of this handbook
Thrs section provides you with a brief descriptton of
lf you qualify to receive long-term disability benefits, each of the investment options The plan has 12
you are able to withdraw all or any portion of your investment options to choose from
balance as often as you wish Your pre-tax and
company-matching contributions will stop if you are Lifestyle funds
on an unpaid leave of absence Nations L&Goal Income and Growth Pnrrfolio —~
A portfolio that seeks current income and modest
Once you return to work for the company, your growth to protect against inflation and to preserve
contributrons resume automatically using your most purchasing power.
recent elections on file
Nations L1§feGor1l Balanced Growth Portfolio —
Investment options A portfolio that seeks total return through a
You can direct the mvestment of your future pre—tax balanced portfolio of equ1ty and fixed-income
contributions among l2 different mvestment options. securities i
[Figure 11.3)
l401(lt) Plan vesting schedule
Vesting service Amount vested
One year 30%
Two years 40%
Three years 60%
Four years 80%
Fr years 100°»'b
1oo
Case 2:03-cv—O2262—FtOS Document 158-31 Filed 10/O7/2005 P£§%97l of 1
Case 2:03-cv-02262-ROS
Document 158-31
Filed 10/07/2005
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