Common use of Retirement Cash Out Clause in Contracts

Retirement Cash Out. The District shall offer the VEBA III Sick Leave Conversion Medical Reimbursement Plan, RCW 28A.400.210 and WAC 392.136, and agrees to make contributions to the Plan on behalf of eligible employees, based on the conversion value of sick leave days accrued and available to them at retirement. The Association shall notify the District of its intention to participate in VEBA III Plan, annually, prior to December 31 of each year.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Retirement Cash Out. The District shall offer offers the VEBA III Sick Leave Conversion Medical Reimbursement Plan, RCW 28A.400.210 and WAC 392.136, and agrees to make contributions to the Plan on behalf of eligible employees, based on the conversion value of sick leave days accrued and available to them at retirement. The Association shall notify the District of its intention to participate in VEBA III Plan, annually, prior to December 31 of each year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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