benefit improvement definition
benefit improvement means an escalated adjustment for past periods or an increase in other ancillary benefits allowed under the funding policy.
benefit improvement means an amendment to one of the Stelco Main Pension Plans, and includes any amendment to provide cost of living adjustments, that is effective as of a date on or after January 1, 2006 which improves the pension benefits accrued and/or accruing or being paid under the particular plan.
benefit improvement means a change in the terms of the plan that results in (cr) an increase in the benefit to which a participant is entitled at his normal retirement age tender the plan or (Z?) an increase in the benefit to which a participant or beneficiary in pay status is entitled.