Defined Contribution. Effective July 1, 2015, the defined contribution amount for FY2014/2015 ($19,063) shall be eliminated as a defined contribution payment. Employees shall continue to purchase benefits as described in Article 9.1.1. 9.2.1 The Association acknowledges that the level of funding of other post- employment benefits (OPEB) by the District is not subject to negotiation, although the district will actively consult with the Association on this matter.
Appears in 2 contracts
Sources: Master Contract, Master Contract