PENSION ADJUSTMENTS. Effective on August l, 2018 and on August 1, 2019 and on August I, 2020, and on August 1, 2020 pensions of those retirees/survivors who have been on the pension payroll for 13 months or longer shall be adjusted by the same percentage change as the change in the Consumer Price Index for the preceding fiscal year ending June 30th (Consumer Price Index for Urban Wage Earners and Clerical Workers, U.S. City Average, All Items, 1967=100). However, no pension may increase by more than 3% of the current pension amount with any single annual adjustment.
PENSION ADJUSTMENTS. The Company agrees that it will not amend the pension plan without written approval from the Union. LETTER OF UNDERSTANDING #8 L.O.A. and PENSION The Company agrees that while an employee is on a Leave of Absence for Union business, the employee will continue to accrue credited service for this pension. LETTER OF UNDERSTANDING #10
PENSION ADJUSTMENTS. If still employed on January 1, 2001 as stipulated above, you will earn the right to the following enhancements of pension benefit credits when you elect to retire:
PENSION ADJUSTMENTS. After the pension payments have started, the Company will adjust the paid pensions annually by 1%.
PENSION ADJUSTMENTS. (Amended 2/1/091
PENSION ADJUSTMENTS. The Company agrees that it will not amend the pension plan without written approval from the Union. LETTER OF UNDERSTANDING #8 L.O.A. and PENSION The Company agrees that while an employee is on a Leave of Absence for Union business, the employee will continue to accrue credited service for this pension. LETTER OF UNDERSTANDING #9 SKILLED TRADES TRAINING The Company agrees to provide the required training (and materials for such training) to ensure that the Skilled Trades employees are properly trained on new equipment and new procedures on a need-to-know basis. LETTER OF UNDERSTANDING #10
PENSION ADJUSTMENTS. The Company agrees that it will not amend the pension plan without written approval from the Union. LETTER OF UNDERSTANDING #8 L.O.A. and PENSION The Company agrees that while an employee is on a Leave of Absence for Union business, the employee will continue to accrue credited service for this pension. LETTER OF UNDERSTANDING #9 SKILLED TRADES TRAINING The Company agrees to provide the required training (and materials for such training) to ensure that the Skilled Trades employees are properly trained on new equipment and new procedures on a need-to-know basis. LETTER OF UNDERSTANDING #10
