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).

Examples of VEBA in a sentence

All costs incurred in the administration of the VEBA and investment fees shall be paid from the VEBA assets.
At no time may the VEBA make loans to an employee, his/her spouse, or his/her dependents.
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.
There will be no commingling of accounts and each employee may determine how his or her account shall be invested among the investment options made available by the vendor for the VEBA.

VEBA shall have the meaning set forth in the Preamble.

VEBA has the meaning set forth in Section 7.3.

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).

VEBA has the meaning set forth in Section 5.17.

VEBA has the meaning set forth in Section 4.16(a).

VEBA means the Florida Sheriffs Association’s Vehicle Bid Award System located at http://veba.flsheriffs.org, which is the online system created for the submission of bids and tabulation of bid results for the specifications contained herein.

VEBA means any CSC OPEB Plan trust which is intended to be a voluntary employees’ beneficiary association under Section 501(c)(9) of the Code.