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1/15/2020

​Ad hoc pension increases remain on hold in 2020

CSS reported to members in January of 2019 that the ad hoc pension adjustment program would remain in temporary suspension for 2019.


In late 2019, the Plan’s actuary recommended that the suspension of the ad hoc pension adjustment program remain in place for 2020. The Board of Directors approved the continuation of the suspension of the program at their third quarter meeting held in November 2019. 

CSS will continue to provide updates to members on the ad hoc adjustment program on an annual basis.