Option to Convert to Union Health Trust Sample Clauses

Option to Convert to Union Health Trust. The parties agree that the Union has the option to convert from the Employer sponsored plan to the Union health trust for all bargaining unit members on July 1, 2023, provided that the Union provide written notice to the Employer of this conversion prior to March 1, 2023. If the Union does not provide notice to convert members to the Union health trust prior to March 1, 2023, then the Members shall remain on the Employer sponsored plan for the term of this agreement. If the Union opts to convert to the Union health trust, the employer contributions shall become the amount necessary for the Member to participate in the Union health trust, but shall never be more than the employer contributions in section 11.1 of this agreement. If the Union opts to convert members to the Union health trust, any conversion costs shall be covered by the Union.
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Related to Option to Convert to Union Health Trust

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