GROUP RETIREMENT SAVINGS PLAN. 15.02.1 The Board shall make a contribution of $3500 to the Group Retirement Savings Plan on behalf of each Teacher hired effective or after September 1, 1998. The Teacher shall receive the contribution after two continuous school years of employment. The calculation of service is to commence from September 30, or February 28, of the semester of hire. No current or past Teacher shall be eligible to receive this amount from the Board more than once.
Appears in 2 contracts
Samples: Letter of Agreement, Letter of Agreement
GROUP RETIREMENT SAVINGS PLAN. 15.02.1 Draft L15.02 The Board shall make a contribution of $3500 to the Group Retirement Savings Plan on behalf of each Teacher hired effective or after September 1, 1998. The Teacher shall receive the contribution after two continuous school years of employment. The calculation of service is to commence from September 30, or February 28, of the semester of hire. No current or past Teacher shall be eligible to receive this amount from the Board more than once.
Appears in 1 contract
Samples: Collective Agreement
GROUP RETIREMENT SAVINGS PLAN. 15.02.1 15.02 The Board shall make a contribution of $3500 to the Group Retirement Savings Plan on behalf of each Teacher hired effective or after September 1, 1998. The Teacher shall receive the contribution after two continuous school years of employment. The calculation of service is to commence from September 30, or February 28, of the semester of hire. No current or past Teacher shall be eligible to receive this amount from the Board more than once.
Appears in 1 contract
Samples: Collective Agreement
