Common use of Maintenance of Benefit/Plan Changes Clause in Contracts

Maintenance of Benefit/Plan Changes. The employer agrees to maintain the current level of benefit in the pension programs listed in this article for the duration of the contract. If the employer improves either the SHS Retirement Plan (Defined Contribution Plan) or the TSA plan, or adds another plan, during the term of this agreement, employees covered by this collective bargaining agreement will receive these same improved benefits.

Appears in 18 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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