Applicability of Pension Plan and Benefits for Retirement under Prior Pension Plan. A. Except as provided in B. below, the provisions of this Pension Plan are applicable only to employees who have seniority on or after October 1, 2015 and who retire or lose seniority on or after that date and to the eligible surviving spouses of such employees, and the provisions of the Prior Pension Plan (as defined in Section (29) below) shall not be applicable to them after such date. However, all references in Section (1), (2), (3), (19) and (23) of this Pension Plan to pensions, supplemental allowances and special age 65 benefits shall include those payable under the Prior Pension Plan as well as under this Pension Plan. The provisions of the Prior Pension Plan shall continue to be applicable on and after October 1, 2015 to all employees who retired or lost their seniority prior to such date (and who after that date if retired on a permanent total disability pension prior to such date do not cease to be permanently and totally disabled) and to the eligible surviving spouses of such employees.
B. Employees retired prior to September 1, 2015 under the Prior Pension Plan or eligible surviving spouses of such employees, shall have their benefits, if any, determined in accordance with the Prior Pension Plan, except that:
1. The monthly basic pension payment for each such retired employee or surviving spouse shall be as provided in Appendix B.
2. The monthly temporary pension payment for each such retired employee with benefits commencing prior to October 1, 2015 entitled to receive the temporary pension under Section (7) or (8) of the Prior Pension Plan would be as follows: Date of Employee's Retirement Temporary Pension Benefit Rate Monthly Maximum On and after September 1, 1961 and before September 1, 1964 15.90 397.50 On and after September 1, 1964 and before September 7, 1967 16.40 410.00 On and after September 7, 1967 and before September 15, 1970 16.65 416.25 On and after September 15, 1970 and before March 1, 1974 17.15 428.75 On and after March 1, 1974 and before October 1, 1976 18.15 453.75 On and after October 1, 1976 and before October 1, 1978 18.65 466.25 On and after October 1, 1978 and before September 15, 1979 19.65 491.25 On and after September 15, 1979 and before October 1, 1980 20.65 516.25 On and after October 1, 1980 and before October 1, 1981 21.65 541.25 On and after October 1, 1981 and before August 15, 1983 22.65 566.25 On and after August 15, 1983 and before October 1, 1985 22.65 679.50 On and after October 1, 1985 and before Octo...
