Common use of Administration of the Plan Clause in Contracts

Administration of the Plan. The Company shall have the right to unilaterally make any changes to actuarial assumptions and funding methods, provided such changes are determined by the applicable retirement plan’s enrolled actuary to be reasonable in the aggregate. The Company shall be entitled to unilaterally adopt such amendments to the applicable retirement plan as may be required to obtain any approval of the Commissioner of Internal Revenue and of other applicable governmental authorities.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Administration of the Plan. The Company shall have the right to 9 unilaterally make any changes to actuarial assumptions and funding methods, 10 provided such changes are determined by the applicable retirement plan’s enrolled 11 actuary to be reasonable in the aggregate. The Company shall be entitled to 12 unilaterally adopt such amendments to the applicable retirement plan as may be 13 required to obtain any approval of the Commissioner of Internal Revenue and of 14 other applicable governmental authorities.

Appears in 2 contracts

Samples: www.speea.org, www.speea.org

Administration of the Plan. The Company shall have the right to 4 unilaterally make any changes to actuarial assumptions and funding methods, provided 5 such changes are determined by the applicable retirement plan’s enrolled actuary to 6 be reasonable in the aggregate. The Company shall be entitled to unilaterally adopt 7 such amendments to the applicable retirement plan as may be required to obtain any 8 approval of the Commissioner of Internal Revenue and of other applicable governmental 9 authorities.. 10

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Administration of the Plan. The Company shall have the right to unilaterally 53 make any changes to actuarial assumptions and funding methods, provided such changes xxxxx- 54 es are determined by the applicable retirement plan’s enrolled actuary to be reasonable in 55 the aggregate. The Company shall be entitled to unilaterally adopt such amendments to 56 the applicable retirement plan as may be required to obtain any approval of the Commissioner Commis- sioner of Internal Revenue and of other applicable governmental authorities.. 1

Appears in 1 contract

Samples: Collective Bargaining Agreement

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