Retirement Plan Liability Reductions. Beginning no later than August 1, 2011 the parties shall jointly analyze the Employees’ Retirement System, RSP, and GRIP to determine what alternative funding strategies and plan design changes may be adopted to reduce the plan’s unfunded liability. Should the parties not reach agreement on any identified alternatives, then such alternatives shall become subjects of bargaining during negotiations that will beginning November 1, 2011.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Agreement
