Pension Plan Summary Plan Description

15.2 Right to Terminate

It is anticipated that the Plan is permanent and will continue in operation indefinitely. Nonetheless, the Association and the Union, acting jointly, and the Board, have the right to discontinue or terminate the Plan in whole or in part. The rights of Participants to benefits accrued to the date of the termination or discontinuance, to the extent funded by the Plan assets allocated to such benefits as of such date, are nonforfeitable. If, however, there are insufficient assets to pay for all of the benefits described in the Plan after providing for the expenses of termination, the remaining assets will be allocated in accordance with the Plan document and as otherwise required by law.