Common use of Dependent Vesting Clause in Contracts

Dependent Vesting. Employees who first become eligible for health benefit enrollment on or after January 1, 2007, shall be subject to a two-year vesting schedule for the employer health contribution for dependents as follows: 50% of the normal employer dependent portion of the contribution upon initial enrollment; 75% of the normal employer dependent portion of the contribution upon completion of 12 months of service; and 100% of the normal employer dependent portion of the contribution upon completion of 24 months of service.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Dependent Vesting. Employees who first become eligible for health benefit enrollment on or after January 1, 2007, shall be subject to a two-two (2) year vesting schedule for the employer health contribution for dependents as follows: : a. 50% of the normal employer dependent portion of the contribution upon initial enrollment; 75% of the normal employer dependent portion of the contribution upon completion of 12 months of service; and 100% of the normal employer dependent portion of the contribution upon completion of 24 months of service.;

Appears in 1 contract

Sources: Collective Bargaining Agreement

Dependent Vesting. Employees who first become eligible for health benefit enrollment on or after January July 1, 2007, 2006 shall be subject to a two-year vesting schedule for the employer health contribution for dependents as follows: : a) 50% of the normal employer dependent portion of the contribution upon initial enrollment; 75% of the normal employer dependent portion of the contribution upon completion of 12 months of service; and 100% of the normal employer dependent portion of the contribution upon completion of 24 months of service.;

Appears in 1 contract

Sources: Collective Bargaining Agreement