Retiree Health Reimbursement Arrangement (HRA) Sample Clauses

Retiree Health Reimbursement Arrangement (HRA). The City shall contribute one percent (1%) of base salary per pay period into the retiree HRA plan. Fees will be paid in accordance with the Plan Document. During the term of this MOU, the Association may elect to contribute a set amount of salary to the retiree HRA for each employee in the bargaining unit, and/or contribute separation pay to the retiree HRA. The City shall be notified of any such election sixty (60) days prior to the effective date.
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