- Active Health
- Retiree Health
- DB Pension
- DC Pension
- SUB Plan
There is no vested right to receive Plan benefits. The Board of Trustees may change, enhance, reduce or eliminate benefits at any time as a result of conditions or event requiring such action.
The Board of Trustees has a fiduciary responsibility to prudently manage the Plan. In order to meet this responsibility, the Board of Trustees periodically reviews the costs and benefits of the Plan. The Board of Trustees may find it necessary to change, reduce or eliminate benefits.
Some examples of situations which may necessitate a reduction in benefits include:
The Board of Trustees reserves the right to change or discontinue any Plan benefit, in whole or in part. Such action by the Board of Trustees will be accomplished by a Plan Amendment, which details the changes made in writing.
The Administrative Office will send you a written notice when a Plan Amendment is made. This notice will detail the changes being made and will be sent to you at least 60 days before the effective date of any change which discontinues, reduces, or eliminates a benefit.