Common use of No vesting Clause in Contracts

No vesting. Benefits are not vested nor guaranteed in any way. The Trustees reserve the right, in their sole and absolute discretion to amend, modify or terminate any or all of the provisions of the Plan. Benefits to current and future Retirees may be reduced or eliminated at any time.

Appears in 4 contracts

Samples: National Stabilization Agreement, www.sasmi.org, Living Insurance

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