Pension Plan Document PDF (355 KB)

    

ARTICLE X

POWERS, DUTIES AND OBLIGATIONS OF DIRECTORS

Section 1. Construction of Agreement. The Directors shall have the power, authority and full discretion to administer this Plan, to make factual determinations, and to construe and interpret the provisions and the terms used herein, and any determination, construction or interpretation adopted or decision made by the Directors (or any Committee as set forth in Article X, Section 8) shall be binding upon the Unions, the Employers, the Employees, the Participants, the Pensioners, and their Beneficiaries. The Directors may, subject to the provisions of this Plan, establish rules and regulations for the operation of this Plan and may revise such rules and regulations from time to time.