Common use of Retirement Savings VEBA Plan Clause in Contracts

Retirement Savings VEBA Plan. A. The school corporation shall contribute to a voluntary employees' beneficiary association ("VEBA") as described in section 501 (c)(9) of the Code. The Board agrees to contribute one and one quarter percent (1.25%) of the teacher’s annual salary plus a one time $l00 deposit into each teacher’s account.

Retirement Savings VEBA Plan. A. 1. The school corporation shall contribute to a voluntary employees' ’ beneficiary association ("“VEBA"”) as described in section 501 (c)(9501(c)(9) of the Code. The Board agrees to contribute one and one quarter half percent (1.251.5%) of the teacher’s annual salary base pay plus a one one-time $l00 100 deposit into each with the first contribution when the teacher’s accountVEBA is started. Payments will be made each pay period.

Retirement Savings VEBA Plan. A. The school corporation shall contribute to a voluntary employees' beneficiary association ("VEBA") as described in section 501 50l(c) (c)(99) of the Code. The Board agrees to contribute one and one quarter percent (1.25%) of the teacher’s annual salary plus a one time $l00 deposit into each teacher’s account.·

Retirement Savings VEBA Plan. A. 1. The school corporation School Corporation shall contribute to a voluntary employeesVoluntary Employees' beneficiary association Beneficiary Association ("VEBA") as described in section 501 (c)(9Section 501(c)(9) of the Code. The Board agrees to contribute one and one quarter percent (1.25%) of the teacher’s annual salary plus a one time $l00 deposit into each teacher’s account.

Retirement Savings VEBA Plan. A. 1. The school corporation School Corporation shall contribute to a voluntary employeesVoluntary Employees' beneficiary association Beneficiary Association ("VEBA") as described in section 501 (c)(9501(c)(9) of the Code. The Board agrees to contribute one and one quarter percent (1.25%) of the teacher’s annual salary plus a one time $l00 deposit into each teacher’s account.

Retirement Savings VEBA Plan. A. The school corporation shall contribute to a voluntary employees' beneficiary association ("VEBA") as described in section 501 (c)(9c) (9) of the Code. The Board agrees to contribute one and seventy-five one quarter hundredths of a percent (1.251.75%) of the teacher’s annual salary plus a one time $l00 deposit into each teacherbase pay (without adjustment for any extra-curricular pay) to the individual’s account.VEBA as follows:

Retirement Savings VEBA Plan. A. The school corporation shall contribute to a voluntary employees' beneficiary association ("VEBA") as described in section 501 (c)(9c) (9) of the Code. The Board agrees to contribute three quarters of one and one quarter percent (1.250.75%) of the teacher’s annual salary plus a one time $l00 deposit into each teacher’s teachers account.