CSS reported to members in January of 2022 that the ad hoc pension adjustment program would remain in temporary suspension for 2022.
In late 2022, the Plan, with the assistance of its actuary, determined that it would be prudent to continue the temporary suspension of the ad hoc pension adjustment program through 2023. The Board of Directors approved the continuation of the suspension of the program at their third quarter meeting held in December 2022.
CSS will continue to provide updates to members on the ad hoc adjustment program on an annual basis.