Common use of Retirement Savings VEBA Plan Clause in Contracts

Retirement Savings VEBA Plan. 1. 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 half percent (1.5%) of the teacher’s base pay plus a one-time $100 deposit with the first contribution when the teacher’s VEBA is started. Payments will be made each pay period.

Appears in 4 contracts

Samples: cdnsm5-ss7.sharpschool.com, cdn5-ss7.sharpschool.com, www.cowan.k12.in.us

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Retirement Savings VEBA Plan. 1. A. 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 half quarter percent (1.51.25%) of the teacher’s base pay annual salary plus a one-one time $100 l00 deposit with the first contribution when the into each teacher’s VEBA is started. Payments will be made each pay periodaccount.

Appears in 3 contracts

Samples: www.rssc.k12.in.us, 2022 Proposed Master Contract, core-docs.s3.amazonaws.com

Retirement Savings VEBA Plan. 1. A. The school corporation shall contribute to a voluntary employees' beneficiary association ("VEBA") as described in section 501(c)(950l(c) (9) of the Code. The Board agrees to contribute one and one half percent (1.5%) of the teacher’s base pay plus a one-time $100 deposit with the first contribution when the teacher’s VEBA is started. Payments will be made each pay period.·

Appears in 2 contracts

Samples: A Contract, A Contract

Retirement Savings VEBA Plan. 1. The school corporation School Corporation shall contribute to a voluntary employees’ beneficiary association Voluntary Employees' Beneficiary Association ("VEBA") as described in section Section 501(c)(9) of the Code. The Board agrees to contribute one and one half percent (1.5%) of the teacher’s base pay plus a one-time $100 deposit with the first contribution when the teacher’s VEBA is started. Payments will be made each pay period.

Appears in 2 contracts

Samples: Master Contract, Master Contract

Retirement Savings VEBA Plan. 1. The school corporation School Corporation shall contribute to a voluntary employees’ beneficiary association Voluntary Employees' Beneficiary Association ("VEBA") as described in section 501(c)(9) of the Code. The Board agrees to contribute one and one half percent (1.5%) of the teacher’s base pay plus a one-time $100 deposit with the first contribution when the teacher’s VEBA is started. Payments will be made each pay period.

Appears in 2 contracts

Samples: Contract, Contract

Retirement Savings VEBA Plan. 1. A. 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 three quarters of one and one half percent (1.50.75%) of the teacher’s base pay plus a one-time $100 deposit with the first contribution when the teacher’s VEBA is started. Payments will be made annual salary into each pay periodteachers account.

Appears in 1 contract

Samples: Master Contract

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Retirement Savings VEBA Plan. 1. A. 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 seventy-five one half hundredths of a percent (1.51.75%) of the teacher’s base pay plus a one(without adjustment for any extra-time $100 deposit with curricular pay) to the first contribution when the teacherindividual’s VEBA is started. Payments will be made each pay period.as follows:

Appears in 1 contract

Samples: Master Contract

Retirement Savings VEBA Plan. 1. A. 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 half of one half percent (1.5.5%) of the teacher’s base pay plus a one-time $100 deposit with 200 deposit. The Board shall make equal monthly contributions throughout the first contribution when the teacher’s VEBA is startedschool year, and will complete its contributions on or before August 1 of each succeeding year. Payments There will be no commingling of accounts and each employee may determine how his or her account shall be invested among the investment options made each pay periodavailable by the investment vendor for the VEBA Plan.

Appears in 1 contract

Samples: Terms of Agreement

Retirement Savings VEBA Plan. 1. a. 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 half percent (1.5%) of the teacher’s base pay plus a one-time $100 deposit with the first contribution when the teacher’s VEBA is started. Payments will be made each pay period.

Appears in 1 contract

Samples: 4.files.edl.io

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