Examples of VEBA in a sentence
The District shall offer the VEBA III Sick Leave Conversion Medical Reimbursement Plan, RCW 28A.400.210 and WAC 392.136, and agrees to make contributions to the Plan on behalf of eligible employees, based on the conversion value of sick leave days accrued and available to them at retirement.
The Association shall notify the District of its intention to participate in VEBA III Plan, annually, prior to December 31 of each year.
Effective January 1, 2025, mandatory AFSCME Employee contributions shall be deducted from each AFSCME Employee’s pay and deposited into that AFSCME Employee’s HRA VEBA.
The HRA VEBA contributions shall equal fifty dollars ($50.00) per pay period, totaling one hundred dollars ($100.00) per month.
PERS II and III: Employees who are eligible for retirement under the provisions of the PERS II or PERS Ill plan, AFSCME Employees shall have any and all vacation paid out at time of separation of service (pursuant to Chapter 9.20 of the Personnel Manual) deposited into that AFSCME Employee's HRA VEBA.