Principals Association May Use VEBA Sick Leave Program

The Peninsula Principal’s Association may annually elect participation in the VEBA program during the 2026-2027 agreement term, allowing conversion of eligible unused sick leave for retirees and members with large sick leave balances. VEBA administers these converted sick leave benefits as a financial benefit program.

Document date · July 1, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

July 1, 2026 through June 30, 2027 (annual election by Association)

Renewal date

2027-06-30

Renewal

Participation in VEBA is subject to an annual election by the Association; continuation after June 30, 2027 would require re‑election under a future agreement.

Document type

Agreement

Source document

Peninsula School District No. 401 Association Agreement 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Peninsula School District?

VEBA was awarded this financial services contract by Peninsula School District, as recorded on July 1, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Peninsula School District No. 401 Association Agreement 2026-07-01 (Agreement), dated July 1, 2026 from Peninsula School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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