Inflation Protection. The Company agrees to the introduction of a program of inflation protection covering both current and future retirees from the Pension Plan. The details of the new benefit will be developed jointly by Union and Management representatives during 1990-91 with an effective implementation date of January 1, 1992. The proposed improvements to the Plan will follow the amendment principles as set out in the memorandum of settlement between CP Rail and the Associated Non-Operating Railway Unions with any further modifications to be agreed to or negotiated by the Parties prior to 1992.
Appears in 7 contracts
Samples: Collective Bargaining Agreement, Collective Agreement, Collective Bargaining Agreement
Inflation Protection. The Company agrees to the introduction of a program of inflation protection covering both current and future retirees from the Pension Plan. The details of the new benefit will be developed jointly by Union and Management representatives during 1990-91 with an effective implementation date of January 1, 1992. The proposed improvements to the Plan will follow the amendment principles as set out in the memorandum of settlement between CP Rail and the Associated Associated. Non-Operating Railway Unions with any further modifications to be agreed to or negotiated by the Parties prior to 1992.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
