Common use of Defined Benefit Pension Plan Clause in Contracts

Defined Benefit Pension Plan. The service and benefits accruals for current members will stop effective June 30th 2016. Any accrued benefits will become payable according the plan text in effect as of June 30th 2016. Effective July 1st, 2016, the plan text will be amended to include the Defined Contribution Pension Plan (DC component) provisions outlined in article 19.11 b) below.

Appears in 2 contracts

Samples: www.hrreporter.com, Agreement

AutoNDA by SimpleDocs

Defined Benefit Pension Plan. The service and benefits accruals for current members will stop effective June 30th 30th, 2016. Any accrued benefits will become payable according the plan text in effect as of June 30th 30th, 2016. Effective July 1st, 2016, the plan text will be amended to include the Defined Contribution Pension Plan (DC component) provisions outlined in article 19.11 bSection 19.12(b) below.

Appears in 2 contracts

Samples: Agreement, Agreement

AutoNDA by SimpleDocs

Defined Benefit Pension Plan. The service and benefits accruals for current members will stop effective June 30th 20162016 . Any accrued benefits will become payable according the plan text in effect as of June 30th 20162016 . Effective July 1st, 2016, the plan text will be amended to include the Defined Contribution Pension Plan (DC component) provisions outlined in article 19.11 19 .11 b) belowbelow .

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.