Common use of Corporation Contributions to VEBA Plan Clause in Contracts

Corporation Contributions to VEBA Plan. The School Corporation will make contributions to individual VEBA accounts for each eligible certified employee covered by this Agreement, as follows: A. For eligible certified employees hired on, or after, July 1, 1999, an initial contribution was made to their VEBA. For eligible certified employees hired prior to July 1, 1999, this initial deposit, shall be the only VEBA Plan contribution that the School Corporation shall be obligated to make on behalf of any such individual except as otherwise provided in the Agreement. B. For eligible certified employees hired on, or after, July 1, 1999, the School Corporation shall offer during the 2004 – 05 school year and each year thereafter contribute to the VEBA Plan account of all certified employees hired on, or after July 1, 1999. For this Contract period, the contribution shall be $550.00.

Corporation Contributions to VEBA Plan. The School Corporation will make contributions to individual VEBA accounts for each eligible certified employee covered by this Agreement, as follows: A. For eligible certified employees hired on, or after, July 1, 1999, an initial contribution was made to their VEBA. For eligible certified employees hired prior to July 1, 1999, this initial deposit, shall be the only VEBA Plan contribution that the School Corporation shall be obligated to make on behalf of any such individual except as otherwise provided in the Agreement.. Tentative Agreement - 10/16/19 B. For eligible certified employees hired on, or after, July 1, 1999, the School Corporation shall offer during the 2004 – 05 school year and each year thereafter contribute to the VEBA Plan account of all certified employees hired on, or after July 1, 1999. For this Contract period, the contribution shall be $550.00.

Corporation Contributions to VEBA Plan. The School Corporation will make contributions to individual VEBA accounts for each eligible certified employee covered by this Agreement, as follows: A. For eligible certified employees hired on, or after, July 1, 1999, an initial contribution was made to their VEBA. For eligible certified employees hired prior to July 1, 1999, this initial deposit, shall be the only VEBA Plan contribution that the School Corporation shall be obligated to make on behalf of any such individual except as otherwise provided in the Agreement. B. For eligible certified employees hired on, or after, July 1, 1999, the School Corporation shall offer during the 2004 – 05 school year and each year thereafter contribute to the VEBA Plan account of all certified employees hired on, or after July 1, 1999. For this Contract period, an amount equal to 1.5% of the contribution shall be $550.00B(0) base teacher salary for that year.