City Initiation of Retirement-Related Litigation Sample Clauses

City Initiation of Retirement-Related Litigation a. It has been, and continues to be, the position of the City that the above described DROP and service credit purchase provisions are not vested benefits and are therefore subject to modification without compliance with the strict rules governing modification of vested retirement benefits. Local 145 disagrees. Therefore, the Parties acknowledge that during the term of this agreement, City shall initiate a declaratory relief and/or other civil causes of action as in City’s the sole determination are deemed appropriate by which to secure a determination as to any or all of the following issues:
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Related to City Initiation of Retirement-Related Litigation

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