Welfare Benefit Trust Sample Clauses

Welfare Benefit Trust. The District shall contribute the sum of $1,250 per annum per participating unit member towards a welfare benefit trust administered by the Association; effective September 1, 2013 the District shall contribute the sum of $1,325 per annum per participating unit member towards a welfare benefit trust administered by the Association; effective September 1, 2014 the District shall contribute the sum of $1,400 per annum per participating unit member towards a welfare benefit trust administered by the Association; and effective September 1, 2015 the District shall contribute the sum of $1,475 per annum per participating unit member towards a welfare benefit trust administered by the Association. The funding shall occur on a quarterly basis by July 15th, October 1st, January 1st and April 1st each year. The quarterly funding shall be based upon the full-time equivalent count of bargaining unit members on payroll on the last payroll date immediately preceding the quarters as described above; provided, however, that where a substitute unit member is replacing another unit member on paid leave, there will be only one (1)
AutoNDA by SimpleDocs
Welfare Benefit Trust. The District shall contribute the following amounts to a welfare benefit trust fund for each unit member of the STA who is eligible for health insurance benefits: Effective July 1, 2019: $1,480 Effective July 1, 2021: $1,530
Welfare Benefit Trust. 5.1.1 The District shall fund a Welfare Benefit Trust Fund established under the auspices of the Association, as follows: Effective July 1, 2020: $1,500 per unit member per annum. Effective July 1, 2021: $1,500 per unit member per annum. Effective July 1, 2022: $1,500 per unit member per annum.
Welfare Benefit Trust 

Related to Welfare Benefit Trust

Time is Money Join Law Insider Premium to draft better contracts faster.