Common use of Flex Choice Clause in Contracts

Flex Choice. The Parties to this Agreement agree that the Trustees of the MUIAR Defined Contribution Pension Plan and ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ and Joiners Welfare Fund may implement a plan design by which contributions to both aforementioned plans are combined. The combined contribution rates to ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ and Joiners Defined Contribution Pension Plan and ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ and Joiners Welfare Fund shall remain unchanged in the aggregate, but the contributions to each of the two respective plans may vary, in accordance with such plan design, based upon actions of the respective plan trustees.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement