Common use of Future Adjustments Clause in Contracts

Future Adjustments. The parties agree that Article V, or any other provision of this Agreement, does not constitute an expectation of receiving the enumerated retirement benefits by any current employee, future employee, prospective employee or applicant beyond the expiration of this Agreement. Therefore, except as otherwise limited by applicable law, it is understood that the Board and Association may in the future bargain modifications of any kind to this provision, provided however, that the future revision of this Section shall not affect the retirement benefits of teachers already receiving benefits pursuant to this Section.

Future Adjustments. The parties agree that Article Vthis Article, or any other provision of this Agreement, does not constitute an expectation of receiving the enumerated retirement benefits by any current employee, future employee, prospective employee or applicant beyond the expiration of this Agreement. Therefore, except as otherwise limited by applicable law, it is understood that the Board and Association may may, in the future future, bargain modifications of any kind to this provision, provided however, that the future revision of this Section Article shall not affect the retirement benefits of teachers already receiving benefits pursuant to this Section.