Common use of PENSION-RETIREMENT Clause in Contracts

PENSION-RETIREMENT. 25.1 The defined benefit pension shall remain as is through December 31, 2009. Effective December 31, 2009 the pension benefit shall be frozen both salary and service. For future benefit accruals accumulated after January 1, 2010, the pension plan will be amended as follows.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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PENSION-RETIREMENT. 25.1 The defined benefit pension shall remain as is through December 31, 2009. Effective December 31, 2009 the pension benefit shall be frozen for both salary and service. For future benefit accruals accumulated after January 1, 2010, the pension plan will be amended as follows.

Appears in 3 contracts

Samples: Table of Contents, Agreement, Agreement

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PENSION-RETIREMENT. 25.1 The defined benefit pension shall remain as is through December 31, 200931,2009. Effective December 31, 2009 the pension benefit shall be frozen for both salary and service. For future benefit accruals accumulated after January 1, 2010, the pension plan will be amended as follows.

Appears in 1 contract

Samples: Agreement

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