VEBA definition

VEBA means a voluntary employees' beneficiary association under IRC Section 501(c)(9).
VEBA means a “voluntary employees’ beneficiary association” within the meaning of Code Section 501(c)(9).
VEBA means a voluntary employees' beneficiary association under IRC ss. 501(c)(9).

Examples of VEBA in a sentence

  • One way to self-insure is to establish a section 501(c)(9) trust, commonly referred to as a VEBA (Voluntary Employee Benefit Association).

  • Members of a bargaining unit that votes to accept the VEBA and who meet the eligible-to-retire criteria are not eligible to cash out their sick leave at 25% as a part of their sabbatical benefit.

  • Family: $1,430.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program).

  • A VEBA of employees covered by this Agreement will be implemented only by written agreement with the Union.

  • All costs incurred in the administration of the VEBA and investment fees shall be paid from the VEBA assets.


More Definitions of VEBA

VEBA shall have the meaning set forth in the Preamble.
VEBA has the meaning set forth in Section 4.14(a).
VEBA has the meaning set forth in Section 7.3.
VEBA means the Voluntary Employees’ Beneficiary Association.
VEBA has the meaning set forth in Section 5.17.
VEBA means the trust fund established pursuant to the Settlement Agreement, dated March 30, 2008, as amended, supplemented, replaced or otherwise altered from time to time, between the Company, the UAW, and certain class representatives, on behalf of the class of plaintiffs in the class action of Int’l Union, UAW, et al. v. Chrysler, LLC, Case No. 07-74730 (E.D. Mich. filed Oct. 11, 2007).