VEBA definition

VEBA means a voluntary employees' beneficiary association under IRC Section 501(c)(9).
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VEBA means a “voluntary employees’ beneficiary association” within the meaning of Code Section 501(c)(9).
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VEBA means a voluntary employees' beneficiary association under IRC ss. 501(c)(9).
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Examples of VEBA in a sentence

  • All costs incurred in the administration of the VEBA and investment fees shall be paid from the VEBA assets.

  • At no time may the VEBA make loans to an employee, his/her spouse, or his/her dependents.

  • Members of a bargaining unit that votes to accept the VEBA and who meet the eligible-to-retire criteria are not eligible to cash out their sick leave at 25% as a part of their sabbatical benefit.

  • There will be no commingling of accounts and each employee may determine how his or her account shall be invested among the investment options made available by the vendor for the VEBA.

  • There will be no commingling of accounts and each employee may determine how his or her account shall be invested among the investment options made available by the selected investment vendor for the VEBA.


More Definitions of VEBA

VEBA shall have the meaning set forth in the Preamble.
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VEBA means the trust fund established pursuant to the Settlement Agreement, dated March 30, 2008, as amended, supplemented, replaced or otherwise altered from time to time, between the Company, the UAW, and certain class representatives, on behalf of the class of plaintiffs in the class action of Int’l Union, UAW, et al. v. Chrysler, LLC, Case No. 07-74730 (E.D. Mich. filed Oct. 11, 2007).
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VEBA has the meaning set forth in Section 7.3.
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VEBA has the meaning set forth in Section 5.17.
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VEBA means the Voluntary Employees’ Beneficiary Association.
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VEBA has the meaning set forth in Section 4.14(a).
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VEBA means the Voluntary Employee Beneficiary Association.
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