Employer Contributions to the Health Reimbursement Arrangement for Active Employees and Eligible Retirees. Clause 1. Contributions to the Active Employees' and Eligible Retiree’s Plan: Employer will make an annual contribution to individual accounts under the health reimbursement arrangement for qualifying bargaining unit members (and eligible retirees) in accordance with the following schedule: 2008-09 ⮚ 100% of the deductible for each qualified employee (and retiree) who elects single coverage under the group health plan described in Subdivision 5. ⮚ 100% of the deductible for each qualified employee (and retiree) who elects family coverage under the group health plan described in Subdivision 5. 2009-10 and thereafter ⮚ 80% of the deductible for each qualified employee (and retiree) who elects single coverage under the group health plan described in Subdivision 5. ⮚ 80% of the deductible for each qualified employee (and retiree) who elects family coverage under the group health plan described in Subdivision 5. Clause 2. The contribution will be made on a quarterly basis over the VEBA Plan year.
Employer Contributions to the Health Reimbursement Arrangement for Active Employees and Eligible Retirees. Subd. 1. Contributions to the Active Employees & Eligible Retirees Plan: Employer will make an annual contribution to individual accounts under the health reimbursement arrangement for qualifying bargaining unit members and eligible retirees in accordance with the following schedule: 78% for each qualified employee and eligible retiree who elects single coverage under the group health plan described in Subdivision 2; and 78% for each qualified employee and eligible retiree who elects family coverage under the group health plan described in Subdivision 2.
