VEBA Trust definition

VEBA Trust the "USWA-Wheeling-Pittsburgh Steel Corporation Retiree Welfare Benefits Plan Trust", established by Borrower pursuant to its collective bargaining agreement with the United Steelworkers of America, AFL-CIO-CLC, for the purpose of funding welfare benefits for retired employees of Borrower.
VEBA Trust means the Long Term Disabled VEBA Trust for Former Nortel Employees, originally adopted June 2013.
VEBA Trust means the trust that provides benefits for certain eligible retirees of Kaiser Aluminum & Chemical Corporation represented by the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO, CLC (formerly known as the United Steelworkers of America, AFL-CIO, CLC), the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America and its Local 1186, the International Association of Machinists and Aerospace Workers, the International Chemical Workers Union Council of the United Food & Commercial Workers and the Paper, Allied-Industrial, Chemical and Energy Workers International Union, AFL-CIO, CLC and their surviving spouses and eligible dependents.

Examples of VEBA Trust in a sentence

  • The Defined Benefit portfolio includes the investment assets of the Traditional Pension Plan, the defined benefit component of the Combined Plan, the annuitized accounts of the Member-Directed Plan and the VEBA Trust.

  • The provisions for such a program are set forth in this section and the Retirement VEBA Trust document.

  • Contributions on behalf of each eligible employee shall be based on the conversion value of sick leave days accrued by such employee available for contribution at retirement or separation in accordance with state and federal laws and the VEBA Trust and Plan.

  • In order to administer this Plan, SPS will deposit eligible sick leave conversion funds to the credit of each participating employee in the VEBA Trust.

  • The VEBA Trust and the Plan may be renewed annually with the Trust.


More Definitions of VEBA Trust

VEBA Trust has the meaning set forth in Section 7.2(c).
VEBA Trust means a Voluntary Employee Beneficiaries Association trust fund established under that certain 501(c)(9) Trust Agreement, dated October 1, 1988, between Xxxxxx Consolidated Industries and Bank One Trust Company, N.A. to hold contributions by Borrower to fund postretirement health care and life insurance obligations for the benefit of certain hourly employees of Borrower.
VEBA Trust means the trust that is a part of the Retiree Plan.
VEBA Trust. The trust that provides benefits for certain eligible retirees of KACC represented by the Unions (or their successors) and their surviving spouses and eligible dependents.
VEBA Trust means the trust that provides benefits to certain eligible retirees of Xxxxxx Aluminum & Chemical Corporation who were salaried employees and their surviving spouses and eligible dependents.
VEBA Trust means the trust that provides benefits to certain eligible retirees of Kaiser Aluminum & Chemical Corporation who were salaried employees and their surviving spouses and eligible dependents.