1996 Johnson Evinrude "ED" 60 LV 90, 115, 150, 150C, 175 Service Manual, P/N 507127, Page 230Get this manual
19Remove retaining ring
if requiredDiscard retaining
20To assemble bearings to driveshaft, install new retaining ring (if removed) on the driveshaftApply light coat of OMC Marine Wheel Bearing Grease to the bearing and driveshaft pressing surfacesPosition the lower bearing on the driveshaft with the lettered side of bearing facing away from the retaining ringPress against inner race of the bearing until it contacts the ring
21Lubricate the upper bearingPosition the upper bearing on the driveshaft with lettered side of bearing facing away from the lower bearingPress against inner race of the bearing until it contacts the lower bearing22Using retaining ring pliers, install retaining ring with sharp edge facing outMake sure the retaining ring is seated in its groove in the driveshaftWear safety glasses and proceed with care to avoid unsnapping the ring from the pliers