VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATION
01.Core Concepts
(VEBA) (2 OF 2) VEBAs cannot provide VEBAs can provide Savings Life insurance before & after retirement Retirement Other survivor benefits Deferred Compensation Sickness and accident benefits Coverage of expenses such as commuting expenses Other benefits including vacation and recreation benefits Accident or homeowner insurance covering damage to property Severance benefits paid through severance pay plan Other items unrelated to maintenance of the employee’s earning power Unemployment and job training benefits Disaster benefits Legal service payment for credits