Ad hoc pension increases put on hold in 2018
CSS reported to members on January 12, 2017 that the ad hoc pension adjustment program was being put on hold for 2017.
In late 2017, the Plan’s actuary recommended that the suspension of the ad hoc pension adjustment program remain in place for 2018. The Board of Directors approved the continuation of the suspension of the program at their third quarter meeting in November 2017.
CSS will continue to provide updates to members on the ad hoc adjustment program on an annual basis.