Voluntary Employees’ Beneficiary Association. (VEBA) In accordance with state and federal law, employees may agree to form a Voluntary Employees’ Beneficiary Association (VEBA), a tax-free medical spending account funded by the retiree’s sick leave cash out. A VEBA for employees covered by this Agreement will be implemented only by written agreement with the Union.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Voluntary Employees’ Beneficiary Association. (VEBA) VEBA) In accordance with state and federal law, the Employer and employees in bargaining units may agree to form a Voluntary Employees’ Beneficiary Association VEBA (VEBA), a tax-free medical spending account accounts) funded by the retiree’s sick leave cash out. A VEBA for of employees covered by this Agreement will be implemented only by written agreement with the Union.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Voluntary Employees’ Beneficiary Association. (VEBA) In accordance with state and federal law, employees may agree to form a Voluntary Employees’ Beneficiary Association (VEBA), a tax-free medical spending account accounts) funded by the retiree’s sick leave cash out. A VEBA for Voluntary Employees’ Beneficiary Association of employees covered by this Agreement will be implemented only by written agreement with the Union.
Appears in 1 contract
Samples: Office and Professional
Voluntary Employees’ Beneficiary Association. (VEBA) VEBA) In accordance with state and federal law, employees may agree to form a Voluntary Employees’ Beneficiary Association (VEBA), a tax-free medical spending account accounts) funded by the retiree’s sick leave cash out. A VEBA for Voluntary Employees’ Beneficiary Association of employees covered by this Agreement will be implemented only by written agreement with the Union.
Appears in 1 contract
Samples: Office and Professional
