Common use of Level of Benefits and Contributions Clause in Contracts

Level of Benefits and Contributions. The levels of contributions will be calculated to result in a Company maximum contribution percentage of 72%. This will be based on reasonable actuarial assumptions regarding the range of coverage elections that may be selected by Participants and the premiums that are likely to be collected as a result.

Appears in 5 contracts

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

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