OSSTF Plan and OSSTF-EW Plan Amendments Clause Samples

OSSTF Plan and OSSTF-EW Plan Amendments. The Trustees:‌ (a) may amend the OSSTF Plan and OSSTF-EW Plan at any time, subject to the Funding Policy, the applicable Central Collective Agreement and the terms of this Agreement; (b) shall amend the OSSTF Plan and the OSSTF-EW Plan by decreasing the value of the Plan’s Benefits or increasing the rate of Participating Employee Contributions, in the circumstances prescribed by the Funding Policy; (c) shall amend the OSSTF Plan and OSSTF-EW Plan by increasing the value of the Plan’s Benefits in the circumstances prescribed by the Funding Policy.