Common use of Group Registered Retirement Savings Plan Clause in Contracts

Group Registered Retirement Savings Plan. Group RRSP (Effective January 1, 2016) 1. All regular employees, upon successful completion of the probationary period, shall have the option of enrolling in the Plan. Participation in the plan is voluntary. The employee must exercise the option within ninety (90) days of the plan coming into effect or upon completion of the probationary period. 2. Employee contributions to the Plan through payroll deduction will be on one (1) of the following basis: i. 1 of regular earnings; or ii. 2 of regular earnings; or iii. 3 of regular earnings. 3. Employees may opt in or out of the plan, or increase or decrease their contribution levels, as noted in (2) above, on January 1st of each year by providing at least thirty (30) days written notice to the Employer. 4. The Employer will administer the Plan. There shall be no Employer contributions. 5. The Employer will ensure that all new employees are informed of the options available to them under this group RRSP.

Group Registered Retirement Savings Plan. Group RRSP (Effective January 1, 2016)RRSP 1. All regular employees, upon successful completion of the probationary period, shall have the option of enrolling in the Plan. Participation in the plan is voluntary. The employee must exercise the option within ninety (90) days of the plan coming into effect or upon completion of the probationary period. 2. Employee contributions to the Plan through payroll deduction will be on one (1) of the following basis: i. 1 of regular earnings; or ii. 2 of regular earnings; or iii. 3 of regular earnings. 3. Employees may opt in or out of the plan, or increase or decrease their contribution levels, as noted in (2) above, on January 1st of each year by providing at least thirty (30) days written notice to the Employer. 4. The Employer will administer the Plan. There shall be no Employer contributions. 5. The Employer will ensure that all new employees are informed of the options available to them under this group RRSP.

Group Registered Retirement Savings Plan. Group RRSP RRSP (Effective January 1, 2016) 1. a) All regular employees, upon successful completion of the probationary period, shall have the option of enrolling in the Plan. Participation in the plan is voluntary. The employee must exercise the option within ninety (90) days of the plan coming into effect or upon completion of the probationary period. 2. (b) Employee contributions to the Plan through payroll deduction will be on one (1) of the following basis: i. i) 1 of regular earnings; or ii. ) 2 of regular earnings; or iii. ) 3 of regular earnings. 3. (c) Employees may opt in or out of the plan, or increase or decrease their contribution levels, as noted in (2) above, on January 1st of each year by providing at least thirty (30) days written notice to the Employer. 4. (d) The Employer will administer the Plan. There shall be no Employer contributions. 5. (e) The Employer will ensure that all new employees are informed of the options available to them under this group RRSP.