Common use of Dependent Vesting Clause in Contracts

Dependent Vesting. Employees who first become eligible for health benefit enrollment on or after thirty (30) days following ratification of this agreement or who on that date are receiving fifty percent (50%) of the normal employer dependent portion of the contribution, shall be subject to a vesting schedule for the employer health contribution for dependents as follows:

Appears in 7 contracts

Sources: Master Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Dependent Vesting. Employees who first become eligible for health benefit enrollment on or after thirty (30) days following ratification of this agreement or who on that date are receiving fifty percent (50%) of the normal employer dependent portion of the contribution, shall be subject to a one (1) year vesting schedule for the employer health contribution for dependents as follows: a. 75% of the normal employer dependent portion of the contribution upon initial enrollment; b. 100% of the normal employer dependent portion of the contribution upon completion of twelve (12) months of service.

Appears in 2 contracts

Sources: Master Agreement, Master Agreement