Common use of BUYOUT OF SEVERANCE BENEFITS Clause in Contracts

BUYOUT OF SEVERANCE BENEFITS. Educational Services Corporation has been selected to determine the present value of the unfunded retirement benefits described in the prior agreement. In making this present value determination, Educational Services Corporation shall use the following assumptions: 1. The assumed interest rate for the purpose of determining the present value shall be four

Appears in 10 contracts

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

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