In the event of any merger or consolidation of part or all of the plan with, or the transfer of part or all of its assets or liabilities to, any other plan or trust (“other plan”), each participant in the plan whose interests were so merged, consolidated or transferred into, with or to the other plan must be entitled to receive a benefit immediately thereafter (if the other plan then terminated) which would be equal to or greater than the benefit he or she would have been entitled to receive immediately theretofore (if the plan had then terminated).
(Ord. MET 86-13, passed 5-30-1986)