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1/17/2019

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.