Common use of Group RRSP Plan Clause in Contracts

Group RRSP Plan. The Society and the employees will continue the existing group RRSP Pension Plan. The contribution to the Plan for the employee and the Society will each be 7% as follows: of gross salary to the RRSP. Commencing September 1, 2020, the contribution to the RRSP Pension Plan for employee and Society will each be 7.5%.

Group RRSP Plan. The Society and the employees will continue the existing group RRSP Pension Plan. The contribution to the Plan for the employee and the Society will each be 7% as follows: of gross salary to the RRSP. Commencing September 1, 2020, the contribution to the RRSP Pension Plan for employee and Society will each be 7.5%.

Group RRSP Plan. ‌ The Society and the employees will continue the existing group RRSP Pension Plan. The contribution to the RRSP Plan for the employee and the Society will each be 7% as follows: the employee and the Society will each contribute 8.5% of gross salary to the RRSP. Commencing salary, effective September 1, 2020, 2021; the contribution to the RRSP Pension Plan for employee and the Society will each be 7.5%contribute 9.0% of gross salary, effective September 1, 2022; the employee and the Society will each contribute 9.0% of gross salary, effective September 1, 2023; the employee will contribute 8.75% of gross salary, and the Society will contribute 9.25% of gross salary, effective September 1, 2024.