Ad hoc pension
increases put on hold in 2019
CSS reported to members in January of 2018 that the ad hoc pension adjustment
program would remain in temporary suspension for 2018.
In late 2018, the Plan’s actuary recommended that the suspension of the ad hoc
pension adjustment program remain in place for 2019. The Board of
Directors approved the continuation of the suspension of the program at their
third quarter meeting held in November 2018.
CSS will continue to provide updates to members on the ad hoc adjustment
program on an annual basis.