Common use of Group RRSP Clause in Contracts

Group RRSP. 14.17.1 Employees may authorize the College to deduct a specified amount from their wages each month to be deposited in individual RRSP accounts with a single designated financial institution. 14.17.2 Tax deductions at source will be adjusted to accommodate the deductions. 14.17.3 In authorizing these deductions, employees free the College of any responsibility for the funds following their deposit with the financial institution. 14.17.4 The College will remit the amounts deducted to the financial institution at the end of each month or not later than the 10th day of the following month. 14.17.5 It is the responsibility of the employees to direct the financial institution with respect to the investment of the funds.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Group RRSP. 14.17.1 14.19.1 Employees may authorize the College to deduct a specified amount from their wages each month to be deposited in individual RRSP accounts with a single designated financial institution. 14.17.2 14.19.2 Tax deductions at source will be adjusted to accommodate the deductions. 14.17.3 14.19.3 In authorizing these deductions, employees free the College of any responsibility for the funds following their deposit with the financial institution. 14.17.4 14.19.4 The College will remit the amounts deducted to the financial institution at the end of each month or not later than the 10th day of the following month. 14.17.5 14.19.5 It is the responsibility of the employees to direct the financial institution with respect to the investment of the funds.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Group RRSP. 14.17.1 ‌ 14.18.1 Employees may authorize the College to deduct a specified amount from their wages each month to be deposited in individual RRSP accounts with a single designated financial institution. 14.17.2 14.18.2 Tax deductions at source will be adjusted to accommodate the deductions. 14.17.3 14.18.3 In authorizing these deductions, employees free the College of any responsibility for the funds following their deposit with the financial institution. 14.17.4 14.18.4 The College will remit the amounts deducted to the financial institution at the end of each month or not later than the 10th day of the following month. 14.17.5 14.18.5 It is the responsibility of the employees to direct the financial institution with respect to the investment of the funds.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Group RRSP. 14.17.1 14.16.1 Employees may authorize the College to deduct a specified amount from their wages each month to be deposited in individual RRSP accounts with a single designated financial institution.institution.¹ 14.17.2 14.16.2 Tax deductions at source will be adjusted to accommodate the deductions. 14.17.3 14.16.3 In authorizing these deductions, employees free the College of any responsibility for the funds following their deposit with the financial institution.institution.¹ 14.17.4 14.16.4 The College will remit the amounts deducted to the financial institution at the end of each month or not later than the 10th day of the following month.month.¹ 14.17.5 14.16.5 It is the responsibility of the employees to direct the financial institution institution¹ with respect to the investment of the funds.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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