Document Load: Bank of America (the people’s bank) Freezing your Pension
UPDATE III: My source pulled through. I guess the most important line in the whole thing is
“Accumulating additional years of service will not increase your future compensation credit rate.” Essentially it isn’t a FREEZE yet, but you aren’t acruing any additional service years towards retirement.
Bank of Opportunity…if you are the CEO
check below the fold to see the lovely print work they do
this is as good as it gets until I can get a pdf! shit!
Tags: bank of america
DAMN IT!@!!!!! NOT LOADING RIGHT! SHIT
I’m surprised they offer a regular pension at all. Most companies replaced their defined benefits plans with 401(k)s long ago. Finance and government are really the only sectors left that still offer pensions.