Ongoing VEBA. The EVSC shall contribute to a Voluntary Employees’ Beneficiary Association (“VEBA”), as described in Section 501(c)(9) of the Internal Revenue Code, an amount equal to one percent (1%) of a teacher’s base salary into an ongoing VEBA plan. Additional terms and conditions for the administration and operations of the Ongoing VEBA Plan shall be as follows:
Appears in 4 contracts
Ongoing VEBA. The EVSC shall contribute to a Voluntary Employees’ Beneficiary Association (“VEBA”), as described in Section 501(c)(9) of the Internal Revenue Code, an amount equal to one percent (1%) of a teacher’s base salary into an ongoing VEBA plan. Additional terms and conditions for the administration and operations of the Ongoing VEBA Plan shall be as follows:
Appears in 2 contracts
