Common use of Eligibility Defined Clause in Contracts

Eligibility Defined. Effective May 1, 2012, all eligible employees, who are members of the Bargaining Unit, may participate in the Plan. An eligible employee is an employee who is a member of the Bargaining Unit and is in an allocated position of twenty (20) or more hours per week and receives benefits. Beginning May 1, 2012, all eligible employees will have fifteen (15) days to “opt-in” or “opt-out” of the plan. Elections to “opt-in” or “opt-out” are irrevocable for the duration of the employee’s tenure within the bargaining unit. Participation will be subject to and governed by all IRS requirements applicable to the VEBA plan. Bargaining unit members who elect to “opt-in” will make uniform monthly contributions and contributions upon separation as outlined in Sections 2 and 3.

Eligibility Defined. Effective May July 1, 2012, all eligible employees, who are members of the Bargaining Unit, may participate in the Plan. An eligible employee is an employee who is a member of the Bargaining Unit and is in an allocated position of twenty (20) or more hours per week and receives benefitsUnit. Beginning May July 1, 2012, all eligible employees will have fifteen (15) days to “opt-in” or “opt-out” of the plan. Elections to “opt-in” or “opt-out” are irrevocable for the duration of the employee’s tenure within the bargaining unit. Participation will be subject to and governed by all IRS requirements applicable to the VEBA plan. Bargaining unit members who elect to “opt-in” will make uniform monthly contributions and contributions upon separation as outlined in Sections Section 2 and 3below.