Common use of Required Contributions Clause in Contracts

Required Contributions. 8.12.5.1 Each ETA member must contribute for two (2) consecutive years to be vested in the CLB. Once vested, s/he is eligible for up to sixty (60 days) in total for the same catastrophic illness or injury. For the first year before becoming vested, s/he is only eligible for up to twenty (20) days in total. 8.12.5.2 No additional days must be donated unless the total number of days in the CLB falls below 100. At such time, all participants shall be asked to contribute an additional sick day the following year. Unit members who decline to continue to participate in the Bank shall notify Human Resources no later than the last workday of September. 8.12.5.3 If a previously eligible member does not wish to donate the additional day, he/she shall become ineligible for the CLB. Previous donations shall not be returned. 8.12.5.4 Any ETA member who has not previously donated a day to the CLB may choose to do so at the beginning of the following school year.

Required Contributions. 8.12.5.1 8.13.5.1 Each ETA member must contribute for two (2) consecutive years to be vested in the CLB. Once vested, s/he is eligible for up to sixty (60 days) in total for the same catastrophic illness or injury. For the first year before becoming vested, s/he is only eligible for up to twenty (20) days in total. 8.12.5.2 8.13.5.2 No additional days must be donated unless the total number of days in the CLB falls below 100. At such time, all participants shall be asked to contribute an additional sick day the following year. Unit members who decline to continue to participate in the Bank shall notify Human Resources no later than the last workday of September. 8.12.5.3 8.13.5.3 If a previously eligible member does not wish to donate the additional day, he/she shall become ineligible for the CLB. Previous donations shall not be returned. 8.12.5.4 8.13.5.4 Any ETA member who has not previously donated a day to the CLB may choose to do so at the beginning of the following school year.