§ 40-394. Forfeitures.

Latest version.

Forfeitures and dividends shall not be used to increase the benefits that any Participant would otherwise receive under the Pension Plan at any time prior to the termination of the Pension Plan or the complete discontinuance of contributions to the Pension Plan, but shall be anticipated in determining the costs under the Pension Plan.

(Ord. No. 90-33, Ch. II, § 16-4, 5-21-91)

                    
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