CSS reported to members in February of 2023 that the ad hoc pension adjustment program would remain in temporary suspension for 2023.
In late 2023, 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 2024. The Board of Directors approved the continuation of the suspension of the program at their third quarter meeting held in November 2023.
CSS will continue to provide updates to members on the ad hoc adjustment program on an annual basis.