Mandatory Employee Contributions. (no individual elections permitted): The Employer and Association agree that the Association’s compensation package will be changed such that eligible employees shall receive additional benefits in the form of HRA VEBA Plan contributions equal to $50, which shall be contributed on a bi-weekly basis, and each eligible employee’s salary shall be reduced by an equal amount. Such contributions shall be made on behalf of all Association employees defined as eligible and shall be considered and referred to as Employee contributions.
Appears in 3 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement