Health Benefit Fund Reserve Sample Clauses

Health Benefit Fund Reserve. The parties agree that a portion of the funds available within the Employee Health Benefit Fund shall be maintained as a reserve to ensure the payment of health benefit related expenditures. Accordingly, the parties commit to continuing to work together in conjunction with the IAFF and FOP, to enact a policy to maintain a reserve fund balance which shall be used exclusively for health benefits. Should the policy not be agreed to by January 2021, the agreement shall be reopened on this section and subject to the impasse resolution procedures in the County Collective Bargaining Law.
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Related to Health Benefit Fund Reserve

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

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