Pension Changes. A. The City agrees to adopt the provisions of the State of Michigan Act 88 State Reciprocal Plan. Employees presently employed and accruing pension benefits under City of Xxxxxx Ordinance 19 will be granted the provisions of Act 88 as amended. Employees must have five (5) or more years of credited service in force acquired in the employ of the City of Xxxxxx to be eligible. Members of this bargaining unit participating in the Defined Benefit Pension Plan shall have vested rights upon the attainment of eight (8) years credited service.
Pension Changes. Prior to adoption of pension ordinance changes by City Council, the bargaining unit will have the opportunity to review all changes and no change will be made that has an adverse effect on employee contributions and/or pension benefits. Any issue in dispute which the bargaining unit believes to be detrimental to pension benefits will be subject to the negotiation process and/or grievance procedure.
Pension Changes. A. Nothing in this Article shall be interpreted to abrogate or supersede the provisions of Chapter. 2.5, Art. I, Section 2.5-1, et seq., of the City of Fort Worth Code (the Retirement Ordinance), or Article 6243i of the Texas Revised Civil Statutes (“Article 6243i”), but this Article does contractually require the City to provide certain advance notice to the Association, as specifically provided for herein.
Pension Changes. Nothing in this Agreement will be construed to prevent the City from making changes to fire fighter pension benefits and related contributions that are consistent with the applicable state and federal laws and constitutional provisions, and any disputes about those matters shall be by judicial action and not under the grievance provisions in this Agreement.
