Common use of Voluntary Employees’ Beneficiary Association Clause in Contracts

Voluntary Employees’ Beneficiary Association. (VEBA)‌ In accordance with state and federal law, employees may agree to form a Voluntary Employees’ Beneficiary Association (VEBA), a tax-free medical spending account funded by the retiree’s sick leave cash out. A VEBA for employees covered by this Agreement will be implemented only by written agreement with the Union.

Voluntary Employees’ Beneficiary Association. (VEBA)‌ In accordance with state and federal law, employees may agree to form a Voluntary Employees’ Beneficiary Association (VEBA), . The Employer agrees to establish and maintain a tax-free medical spending account funded by VEBA plan for employees in this bargaining unit into which the retiree’s full sick leave cash cash-out. A VEBA for employees covered , as defined by this Agreement will be implemented only Article 6.3.B.2, or the extra alternative leave cash-out, as defined by written agreement with the UnionArticle 6.

Voluntary Employees’ Beneficiary Association. (VEBA)‌ In accordance with state and federal law, employees may agree to form a Voluntary Employees’ Beneficiary Association (VEBA), a tax-free medical spending account accounts) funded by the retiree’s sick leave cash out. A VEBA for Voluntary Employees’ Beneficiary Association of employees covered by this Agreement will be implemented only by written agreement with the Union.