Common use of Health Benefit VEBA Mitigation Fund Clause in Contracts

Health Benefit VEBA Mitigation Fund. 41 The District shall contribute an amount of money per bargaining unit employee, per the table below, for 42 the purpose of contributing to each employee’s VEBA account. 44 • Effective September 1, 2021, the District will fund fifty five dollars ($55) per employee per 45 month into a VEBA account beginning September 1, 2021.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Health Benefit VEBA Mitigation Fund. 41 The District shall contribute an amount of money per bargaining unit employee, per the table below, for 42 the purpose of contributing to each employee’s VEBA account. 44 • Effective September At the beginning of each contract year, in January 2020, the Union shall provide the District with an allocation plan for the fund to commence the following January. Plan Year January 1, 2021, the District will fund fifty five dollars ($55) per employee per 45 month into a VEBA account beginning September 2020 January 1, 2021.2021 District Contribution Rate (not including carve-out) $95.00 $100.00

Appears in 1 contract

Samples: Collective Bargaining Agreement

Health Benefit VEBA Mitigation Fund. 41 The District shall contribute an amount of money per bargaining unit employeeamount, per as shown in the table below, for 42 the purpose of contributing to each bargaining unit employee’s VEBA accountAccount per month. 44 • Effective September 1, 2021, This will be considered part of the District will fund fifty five dollars ($55) per employee per 45 month into a VEBA account beginning September 1, 2021employee’s compensation package.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Health Benefit VEBA Mitigation Fund. 41 The District shall contribute an amount of money per bargaining unit employeeamount, per as shown in the table below, for 42 the purpose of contributing to each bargaining unit employee’s VEBA accountAccount per month. 44 • Effective This will be considered part of the employee’s compensation package. September 1, 2021, the District will fund fifty five dollars (2023 $55) 50.00 per employee per 45 month into a VEBA account beginning September 1, 2021.2024 $60.00 per month

Appears in 1 contract

Samples: Collective Bargaining Agreement

Health Benefit VEBA Mitigation Fund. 41 The District shall contribute an amount of money per bargaining unit employee, per the table below, for 42 the purpose of contributing to each employee’s VEBA account. 44 • Effective September At the beginning of each contract year, in January 2020, the Union shall provide the District with an allocation plan for the fund to commence the following January. Plan Year January 1, 2021, the District will fund fifty five dollars ($55) per employee per 45 month into a VEBA account beginning September 2022 January 1, 2021.2023 District Contribution Rate (not including carve-out) $125.00 $135.00

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Health Benefit VEBA Mitigation Fund. 41 The District shall contribute an amount of money per bargaining unit employee, per month, per the table below, for 42 the purpose of contributing to each employee’s VEBA account. 44 • Effective Plan Year September 1, 2021, the District will fund fifty five dollars ($55) per employee per 45 month into a VEBA account beginning 2021 September 1, 2021.2022 District Contribution Rate $80.00 $120.00

Appears in 1 contract

Samples: Collective Bargaining Agreement

Health Benefit VEBA Mitigation Fund. 41 42 The District shall contribute an amount of money per bargaining unit employee, per the table below, 43 for 42 the purpose of contributing to each employee’s VEBA account. 44 45 • Effective September 1, 2021, the District will fund fifty five dollars ($55) 80.00 per employee employee, per 45 month into a 46 VEBA account beginning September 1, 2021.2021 47 • Effective September 1, 2022, the District will fund $120.00 per employee, per month int a 48 VEBA account beginning September 1, 2022

Appears in 1 contract

Samples: Collective Bargaining Agreement

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