Common use of Plan Updates Clause in Contracts

Plan Updates. The parties agree that innovations in technology and administrative practices can give savings plan participants better access to information about their benefits, increased investment options, timely on-line transaction capability and enhanced administrative features. Accordingly, when the company identifies administrative services that in its estimation reflect industry best practices, the Employee Benefit Plans Committee has discretion to adopt these changes to the Savings Plan. The Company will notify the Union in advance of implementation of any changes adopted by the Employee Benefit Plans Committee.

Appears in 12 contracts

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

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Plan Updates. The parties agree that the innovations in technology and administrative practices can give savings plan participants better access to information about their benefits, increased investment options, timely on-line transaction transactions capability and enhanced administrative features. Accordingly, when the company Company identifies administrative services that in its estimation reflect industry best practices, the Employee Benefit Plans Committee has discretion to adopt these changes to the Savings Plan. The Company will notify the Union in advance of implementation of any changes adopted by the Employee Benefit Plans Committee.

Appears in 6 contracts

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

Plan Updates. 2 The parties agree that the innovations in technology and administrative practices 3 can give savings plan participants better access to information about their 4 benefits, increased investment options, timely on-line transaction transactions 5 capability and enhanced administrative features. Accordingly, when the company 6 Company identifies administrative services that in its estimation reflect 7 industry best practices, the Employee Benefit Plans Committee has 8 discretion to adopt these changes to the Savings Plan. The Company will 9 notify the Union in advance of implementation of any changes adopted by 10 the Employee Benefit Plans Committee.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Plan Updates. The parties agree that innovations in technology and administrative practices 15 can give savings plan participants better access to information about their benefits, increased investment 16 options, timely on-line transaction capability and enhanced administrative features. Accordingly, when 17 the company identifies administrative services that in its estimation reflect industry best practices, the 18 Employee Benefit Plans Committee has discretion to adopt these changes to the Savings Plan. The 19 Company will notify the Union in advance of implementation of any changes adopted by the Employee Benefit Plans Committee.Employee

Appears in 1 contract

Samples: Collective Bargaining Agreement

Plan Updates. The parties agree that innovations in technology and administrative practices 47 can give savings plan participants better access to information about their benefits, increased investment 48 options, timely on-line transaction capability and enhanced administrative features. Accordingly, when 49 the company identifies administrative services that in its estimation reflect industry best practices, the 50 Employee Benefit Plans Committee has discretion to adopt these changes to the Savings Plan. 51 The Company will notify the Union in advance of implementation of any changes adopted by the 52 Employee Benefit Plans Committee.. 53

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Plan Updates. 30 The parties agree that the innovations in technology and administrative practices 31 can give savings plan participants better access to information about their 32 benefits, increased investment options, timely on-line transaction transactions capability 33 and enhanced administrative features. Accordingly, when the company Company 34 identifies administrative services that in its estimation reflect industry best 35 practices, the Employee Benefit Plans Committee has discretion to adopt 36 these changes to the Savings Plan. The Company will notify the Union in 37 advance of implementation of any changes adopted by the Employee Benefit 38 Plans Committee.

Appears in 1 contract

Samples: 401(k) Voluntary Investment Plan

Plan Updates. 33 The parties agree that the innovations in technology and administrative practices 34 can give savings plan participants better access to information about their 35 benefits, increased investment options, timely on-line transaction transactions capability 36 and enhanced administrative features. Accordingly, when the company Company 37 identifies administrative services that in its estimation reflect industry best 38 practices, the Employee Benefit Plans Committee has discretion to adopt 39 these changes to the Savings Plan. The Company will notify the Union in 1 advance of implementation of any changes adopted by the Employee Benefit Plans Committee.Benefit

Appears in 1 contract

Samples: Collective Bargaining Agreement

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