VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATIONS Sample Clauses

VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATIONS. (VEBA) In accordance with state and federal law, the Employer and employees in bargaining units may agree to form a VEBA (tax-free medical spending accounts) funded by the retiree’s sick leave cash out. A VEBA of employees covered by this Agreement will be implemented only by written agreement with the Union.
AutoNDA by SimpleDocs
VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATIONS. (VEBAS) In accordance with state and federal law, employees in the bargaining unit and the College may agree to form a VEBA (tax-free medical spending accounts) funded by the retiree’s sick leave cash out. An Employer sponsored VEBA of employees covered by this Agreement will be implemented only by written agreement with the Union. The current VEBA agreement with the College will remain in effect until such time it is reversed by a vote of the exempt employees.
VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATIONS. REI shall continue to sponsor and shall assume all assets and Liabilities associated with and shall retain the Houston Industries Incorporated Group Welfare Benefits Trust Agreement (as amended and restated effective January 1, 1989), Houston Lighting and Power Company Union Retirees' Medical and Dental Benefits Trust Agreement (effective December 1, 1995), Houston Lighting and Power Company Non-Union Retirees' Medical and Dental Benefits Trust Agreement (effective December 1, 1995) and the Houston Lighting and Power Company Retirees' Life Insurance Benefits Trust Agreement (effective December 1, 1995).
VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATIONS. 16 -ii- 4

Related to VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATIONS

  • Employees; Benefits Employer agrees that any and all benefits that were provided to the Employee shall continue until _________________, 20____. In addition, the Employer shall assist the Employee in the transfer, change, or termination to any employment benefits, including, but not limited to, health insurance plans, dental insurance plans, vision insurance plans, life insurance plans, disability insurance, childcare benefits, wellness programs, retirement plans, government assistance programs, and/or any other program or benefit that was readily accessible and being used by the Employee.

  • Plan Benefits Each year, prior to the annual enrollment period, EMPLOYEES will receive Enrollment information that will outline the benefits offered next calendar year. Information relative to specific health insurance benefits and limitations will be updated regularly and contained in the SPD. In the event there is a conflict between the provisions of the collective bargaining agreement and the SPD, the District's SPD shall control.

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!