§ 5.26.530. Vesting on Termination.  


Latest version.
  • Notwithstanding any other provision of the Plan, upon the termination or partial termination of the Plan or upon complete discontinuance of contributions under the Plan, the rights of all Employees to benefits accrued to the date of such termination or partial termination or discontinuance, to the extent then funded, or the amounts credited to the Employee's Account shall be fully vested and nonforfeitable.

(Ord. 2004-0064 §§ 1, 2 (part), 2004.)