No cost to the employee. Additional coverage for the employee, up to 5 times annual base pay, may be purchased. No cost to the employee. Employee eligible upon hire. Investments are directed into choice from 10 mutual fund options with Fidelity Investments.
Plan accepts qualified rollover contributions.
Benefit is payable as a lump sum or annuity and may be taken when employee leaves Aera. Employee does not contribute to this Plan. Part-time schedules may be allowed, subject to supervisory approval, to accommodate employee's personal needs. Contributions must be used by the end of the Plan Year or they are forfeited. The purpose of this summary is to provide highlights of Aera's benefit plans.