Common use of Actuarial Determination of Value of Current Retirement Bridge and Severance Benefits Clause in Contracts

Actuarial Determination of Value of Current Retirement Bridge and Severance Benefits. The Educational Services Corporation has been selected to determine the present value of the unfunded Retirement Severance Pay Benefits and the Social Security and Medicare Bridge Benefits described in the Prior Agreement. In making the present value determination, ESC shall use the following assumptions:

Appears in 6 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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