Common use of An Early Retirement Incentive Clause in Contracts

An Early Retirement Incentive. Program (ERIP) is available to all bargaining unit members who meet the eligibility requirements established by the Board of Trustees of the Health and Welfare Fund, as those requirements exist on the date that coverage under the ERIP begins. Additionally, to be eligible for coverage under the ERIP program an employee’s last day of employment must be in one of the following months: January, February, March, April, August, September, and October. The parties acknowledge and agree that the Board of Trustees has the right and authority to modify the rules and requirements of the ERIP Program at any time.

Appears in 4 contracts

Samples: Tentative Agreement, Tentative Agreement, Tentative Agreement

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An Early Retirement Incentive. Program (ERIP) is available to all bargaining unit members who meet the eligibility requirements established by the Board of Trustees of the Health and Welfare Fund, as those requirements exist on the date that coverage under the ERIP begins. Additionally, to be eligible for coverage under the ERIP program an employee’s employee`s last day of employment must be in one of the following months: January, February, March, April, August, September, September and October. The parties acknowledge and agree that the Board of Trustees has the right and authority to modify the rules and requirements of the ERIP Program program at any time.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

An Early Retirement Incentive. Program (ERIP) is available to all bargaining unit members who meet the eligibility requirements established by the Board of Trustees of the Health and Welfare Fund, as those requirements exist on the date that coverage under the ERIP begins. Additionally, to be eligible for coverage Coverage under the ERIP program an employee’s last may begin on the first day of employment must be in one any month, as elected by the employee, as long as the employee meets the eligibility requirements as of the following months: January, February, March, April, August, September, and Octoberthat date. The parties acknowledge and agree that the Board of Trustees has the right and authority to modify the rules and requirements of the ERIP Program at any time.

Appears in 2 contracts

Samples: Agreement, Supplemental Agreement

An Early Retirement Incentive. Program (ERIP) is available to all bargaining unit members who meet the eligibility requirements established by the Board of Trustees of the Health and & Welfare Fund, as those requirements exist on the date that coverage under the ERIP begins. Additionally, to be eligible for coverage Coverage under the ERIP program an employee’s last may begin on the first day of employment must be in one any month, as elected by the employee, as long as the employee meets the eligibility requirement as of the following months: January, February, March, April, August, September, and Octoberthat date. The parties acknowledge and agree that the Board of Trustees has the right and authority to modify the rules and requirements of the ERIP Program at any time.

Appears in 1 contract

Samples: Agreement

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An Early Retirement Incentive. Program (ERIP) is available to all bargaining unit members who meet the eligibility requirements established by the Board of Trustees of the Health and Welfare Fund, as those requirements exist on the date that coverage under the ERIP begins. Additionally, to be eligible for coverage under the ERIP program an employee’s last day of employment must be in one of the following months: January, February, March, April, August, September, September and October. The parties acknowledge and agree that the Board of Trustees has the right and authority to modify the rules and requirements of the ERIP Program at any time.

Appears in 1 contract

Samples: Agreement

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