Common use of Voluntary Employee Beneficiary Association (VEBA Clause in Contracts

Voluntary Employee Beneficiary Association (VEBA. The City will continue a Voluntary Employee Beneficiary Association (VEBA) for the employees covered by this Agreement. The City will continue to make contributions of $55.00 per employee per month into employee VEBA accounts.

Appears in 2 contracts

Samples: Agreement, Agreement

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Voluntary Employee Beneficiary Association (VEBA. The City will continue a Voluntary Employee Beneficiary Association (VEBA) for the employees covered by this Agreement. The City will continue to make contributions of $40.00 per employee per month into employee VEBA accounts. The City will make contributions of $50.00 per employee per month into employee VEBA accounts commencing June 1, 2013 and $55.00 per employee per month into employee VEBA accountsaccounts commencing July 1, 2013.

Appears in 1 contract

Samples: Agreement

Voluntary Employee Beneficiary Association (VEBA. The City will continue a Voluntary Employee Beneficiary Association (VEBA) for the employees covered by this Agreement. The City will continue to make contributions of $55.00 per employee per month into employee VEBA accounts. Effective July 1, 2019, when the medical plan moves to a 90/10 cost share, the VEBA contribution will increase to $65.00 per employee per month.

Appears in 1 contract

Samples: Agreement

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Voluntary Employee Beneficiary Association (VEBA. The City will continue a Voluntary Employee Beneficiary Association (VEBA) for the employees covered by this Agreement. The City will continue to make contributions of $55.00 50.00 per employee per month pay period into employee VEBA accounts.

Appears in 1 contract

Samples: Agreement

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