Common use of Retiree Health Reimbursement Arrangement (HRA) Clause in Contracts

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.

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 Union 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.

Retiree Health Reimbursement Arrangement (HRA). The City shall contribute one percent (1%) of base salary per pay period into the retiree HRA plan. Employees in the unit shall contribute one percent (1%) of base salary per pay period into the retiree HRA. Fees will be paid in accordance with the Plan Document. During the term of this MOU, the Association employees in this bargaining unit 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.