Residual Funds. Full-time faculty who are hired after January 1, 2005 will not receive residual funds from the District health and welfare contribution of five thousand two hundred dollars ($5,200). Residual funds are defined as those moneys left over from the District contribution of five thousand two hundred dollars ($5,200) after the full-time faculty member has selected his/her health, dental, and mandatory life insurance coverage.
Appears in 8 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
