Common use of Group RRSP Clause in Contracts

Group RRSP. Effective October 1, 1999 1. All regular employees, upon successful completion of the probationary period, shall have a one-time 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 bases: • one percent (1%) of regular earnings; or • two percent (2%) of regular earnings; or • three percent (3%) of regular earnings. 3. The Employer will match the contributions made by each employee. 4. Employees may 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. 5. Employer and employee contributions will be locked in on the employee’s behalf. 6. Employers who currently have a Group RRSP in place, and who implement this Group RRSP pursuant to this Article, shall terminate the current Group RRSP and contributions shall be converted to the new Group RRSP. 7. In the event that an Employer currently participates in the Municipal Superannuation Plan (or is required to participate in the future), the Group RRSP will not be implemented (or will be terminated) for employees of that Employer. 8. Employers will ensure that all new employees are informed of the options available to them under this Group RRSP to this Appendix. If an Employer does not currently participate in a pension plan (e.g. the Municipal Superannuation Plan) then participation in the group RRSP for Employees will be mandatory. No employee shall be allowed to join both a pension plan and the group RRSP. In order to ensure the timely establishment and implementation of a group RRSP plan for the benefit of Employees in this sector, the Parties to this agreement agree that Manulife Financial will continue be the transitional plan administrator/fund manager for St. Xxxxx Daycare Society and its participating employees until the expiration of this Memorandum of Agreement. This Agreement is on a without prejudice basis as to the final decision of the Parties as to the jointly agreed to plan carrier. ECE I $ 14.24 $ 14.45 $ 15.00 $ 15.30 ECE II $ 18.02 $ 18.27 $ 18.77 $ 19.15 ECE III $ 19.09 $ 19.34 $ 19.84 $ 20.24 ECE Assistant $ 12.88 $ 14.45 $ 15.00 $ 15.30 Qualified Auxiliary $ 10.68 $ 13.00 $ 13.35 $ 13.62 Unqualified Auxiliary $ 9.95 $ 13.00 $ 13.35 $ 13.62

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Group RRSP. Effective October 1, 1999 1. All regular employees, upon successful completion of the probationary period, shall have a one-time 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 bases: • one One percent (1%) of regular earnings; or • two Two percent (2%) of regular earnings; or • three Three percent (3%) of regular earnings. 3. The Employer will match the contributions made by each employee. 4. Employees may increase or decrease their contribution levels, as noted in (2) above, on January 1st of each year by providing at least thirty (30) days days’ written notice to the Employer. 5. Employer and employee contributions will be locked in on the employee’s behalf. 6. Employers who currently have a Group RRSP in place, and who implement this Group RRSP pursuant to this Article, shall terminate the current Group RRSP and contributions shall be converted to the new Group RRSP. 7. In the event that an Employer currently participates in the Municipal Superannuation Plan (or is required to participate in the future), the Group RRSP will not be implemented (or will be terminated) for employees of that Employer. 8. Employers will ensure that all new employees are informed of the options available to them under this Group RRSP to this Appendix. If an Employer does not currently participate in a pension plan (e.g. the Municipal Superannuation Plan) then participation in the group RRSP for Employees will be mandatory. No employee shall be allowed to join both a pension plan and the group RRSP. In order to ensure the timely establishment and implementation of a group RRSP plan for the benefit of Employees in this sector, the Parties to this agreement agree that Manulife Financial will continue be the transitional plan administrator/fund manager for St. Xxxxx Daycare Mount Pleasant Child Care Society and its participating employees until the expiration of this Memorandum of Agreement. This Agreement agreement is on a without prejudice basis as to the final decision of the Parties as to the jointly agreed to plan carrier. ECE I Senior Early Childhood Educator $ 14.24 16.58 $ 16.83 $ 17.33 $ 17.68 Co-Senior Early Childhood Educator $ 16.00 $ 16.25 $ 16.75 $ 17.09 Special Needs Educator $ 16.00 $ 16.00 $ 16.50 $ 16.83 Early Childhood Educator $ 15.00 $ 15.00 $ 15.50 $ 15.81 Early Childhood Assistant $ 11.50 $ 14.45 $ 15.00 $ 15.30 ECE II Aide $ 18.02 10.25 $ 18.27 10.25 $ 18.77 10.75 $ 19.15 ECE III 10.97 Auxiliary Short Term Qualified $ 19.09 $ 19.34 $ 19.84 $ 20.24 ECE Assistant $ 12.88 $ 14.45 $ 15.00 $ 15.30 Qualified Auxiliary $ 10.68 11.00 $ 13.00 $ 13.35 $ 13.62 Auxiliary Short Term Unqualified Auxiliary $ 9.95 10.00 $ 13.00 $ 13.35 $ 13.62

Appears in 1 contract

Samples: Collective Agreement

Group RRSP. Effective October 1, 1999 1. All regular employees, upon successful completion of the probationary period, shall have a one-time 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 bases: • one One percent (1%) of regular earnings; or • two Two percent (2%) of regular earnings; or • three Three percent (3%) of regular earnings. 3. The Employer will match the contributions made by each employee. 4. Employees may increase or decrease their contribution levels, as noted in (2) above, on January 1st of each year by providing at least thirty (30) days days’ written notice to the Employer. 5. Employer and employee contributions will be locked in on the employee’s behalf. 6. Employers who currently have a Group RRSP in place, and who implement this Group RRSP pursuant to this Article, shall terminate the current Group RRSP and contributions shall be converted to the new Group RRSP. 7. In the event that an Employer currently participates in the Municipal Superannuation Plan (or is required to participate in the future), the Group RRSP will not be implemented (or will be terminated) for employees of that Employer. 8. Employers will ensure that all new employees are informed of the options available to them under this Group RRSP to this Appendix. If an Employer does not currently participate in a pension plan (e.g. the Municipal Superannuation Plan) then participation in the group RRSP for Employees will be mandatory. No employee shall be allowed to join both a pension plan and the group RRSP. In order to ensure the timely establishment and implementation of a group RRSP plan for the benefit of Employees in this sector, the Parties to this agreement agree that Manulife Financial will continue be the transitional plan administrator/fund manager for St. Xxxxx Pooh Corner Daycare Centre Society and its participating employees until the expiration of this Memorandum of Agreement. This Agreement agreement is on a without prejudice basis as to the final decision of the Parties as to the jointly agreed to plan carrier. ECE I $ 14.24 $ 14.45 $ 15.00 $ 15.30 ECE II $ 18.02 $ 18.27 $ 18.77 $ 19.15 ECE III $ 19.09 $ 19.34 $ 19.84 $ 20.24 ECE Assistant $ 12.88 $ 14.45 $ 15.00 $ 15.30 Qualified Auxiliary $ 10.68 $ 13.00 $ 13.35 $ 13.62 Unqualified Auxiliary $ 9.95 $ 13.00 $ 13.35 $ 13.62.

Appears in 1 contract

Samples: Collective Agreement

Group RRSP. Effective October 1, 1999 1. All regular employees, upon successful completion of the probationary period, shall have a one-time 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 bases: • one One percent (1%) of regular earnings; or • two Two percent (2%) of regular earnings; or • three Three percent (3%) of regular earnings. 3. The Employer will match the contributions made by each employee. 4. Employees may increase or decrease their contribution levels, as noted in (2) above, on January 1st of each year by providing at least thirty (30) days days’ written notice to the Employer. 5. Employer and employee contributions will be locked in on the employee’s behalf. 6. Employers who currently have a Group RRSP in place, and who implement this Group RRSP pursuant to this Article, shall terminate the current Group RRSP and contributions shall be converted to the new Group RRSP. 7. In the event that an Employer currently participates in the Municipal Superannuation Plan (or is required to participate in the future), the Group RRSP will not be implemented (or will be terminated) for employees of that Employer. 8. Employers will ensure that all new employees are informed of the options available to them under this Group RRSP to this Appendix. If an Employer does not currently participate in a pension plan (e.g. the Municipal Superannuation Plan) then participation in the group RRSP for Employees will be mandatory. No employee shall be allowed to join both a pension plan and the group RRSP. In order to ensure the timely establishment and implementation of a group RRSP plan for the benefit of Employees in this sector, the Parties to this agreement agree that Manulife Financial will continue be the transitional plan administrator/fund manager for St. Xxxxx Daycare Village Day Care Society and its participating employees until the expiration of this Memorandum of Agreement. This Agreement agreement is on a without prejudice basis as to the final decision of the Parties as to the jointly agreed to plan carrier. ECE I $ 14.24 $ 14.45 $ 15.00 $ 15.30 ECE II $ 18.02 $ 18.27 $ 18.77 $ 19.15 ECE III $ 19.09 $ 19.34 $ 19.84 $ 20.24 ECE Assistant $ 12.88 $ 14.45 $ 15.00 $ 15.30 Qualified Auxiliary $ 10.68 $ 13.00 $ 13.35 $ 13.62 Unqualified Auxiliary $ 9.95 $ 13.00 $ 13.35 $ 13.62.

Appears in 1 contract

Samples: Collective Agreement

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Group RRSP. Effective October 1B-7.01 Each employee who has seniority rights under this Agreement will be eligible to participate in the Company’s Group Registered Retirement Savings Plan (“the Group RRSP”). The Company agrees to match, 1999to the maximums set forth in Appendix B- 7.02, employee contributions to the Group RRSP for those employees who contribute an amount no less than the amount which the Company is required to contribute pursuant to Appendix B-7.02. The Company will administer payroll deductions for participating employees. Contributions will be sent to the Group RRSP by the Company on the same dates that regular payroll is paid by the Company. The Company’s contribution and the employee’s contribution will be itemized on the employee’s pay stub. B-7.02 The minimum Group RRSP contribution which may be made by a participating employee and the maximum Company matching contribution will be five percent (5%) of the employee’s regular straight time wages. B-7.03 An employee who enrols in the Group RRSP must stay in the Group RRSP and can only withdraw funds at or after termination or retirement. B-7.04 It is agreed that employees may opt to contribute more than the percentages set forth in Appendix B-7.02, but the Company is only obligated to contribute the percentages set forth in Appendix B-7.02. BETWEEN: XXXX-RITE FOOD PRODUCTS, A DIVISION OF SUNRISE POULTRY AND chartered by the United Food & Commercial Workers International Union, hereinafter referred to as the "Union". 1. The Company and the Union hereby agree as follows: a) All employees classified as Breast Boners, including those who are assigned to regularly rotate job duties with employees classified as Trimmers, will be paid the Group C regular employeesrate of pay. b) All employees classified as Xxxxx Xxxxxx, upon successful completion including those who are assigned to regularly rotate job duties with employees classified as Trimmers, will be paid the Group B regular rate of pay. c) All employees classified as Trimmers will be paid the Group A regular rate of pay, except that: i) those employees classified as Trimmers who have the qualifications, experience, skill and ability to perform the duties of the probationary periodThigh Boner classification, shall as determined by the Company, and who are assigned to regularly rotate duties with employees classified as Thigh Boners will be paid the Group B regular rate of pay; ii) those employees classified as Trimmers who have a one-time option the qualifications, experience, skill and ability to perform the duties of enrolling in the plan. Participation in Breast Boner classification, as determined by the plan is voluntaryCompany, and who are assigned to regularly rotate duties with employees classified as Breast Boners will be paid the Group C regular rate of pay; and FOR THE UNION: FOR THE COMPANY: BETWEEN: AND chartered by the United Food & Commercial Workers International Union, hereinafter referred to as the "Union". 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 Company will, where determined by it to the Plan through payroll deduction will be on necessary, replace up to one (1) microwave each year in each of the following bases: • one percent (1%) of regular earnings; or • two percent (2%) of regular earnings; or • three percent (3%) of regular earnings. 3. The Employer will match the contributions made by each employee. 4. Employees may increase or decrease their contribution levels, as noted in (2) above, on January 1st of new lunch rooms and up to two (2) microwaves each year in the old lunchroom, for a maximum total of four (4) microwaves during the period July 1 to June 30 each year. FOR THE UNION: FOR THE COMPANY: You are hereby informed that Union membership is a condition of employment and that maintaining good standing in the Union requires payment of Union dues, initiation fees and assessments as authorized by providing at least thirty (30) days written notice the Union. Articles of the Agreement between the United Food & Commercial Workers Union, Local No. 832, and Xxxx-rite Food Products, a division of Sunrise Poultry Processors Ltd., contain the following statements: “All new employees hired on or after the date of the signing of this Agreement shall, as a condition of employment, apply for membership in the Union. The Company will procure from new employees the necessary membership application.” “The Company agrees to forward Exhibit One, as attached to this Agreement, duly completed, to the Employer. 5. Employer and employee contributions will be locked in on Union within ten (10) calendar days from the employee’s behalf. 6. Employers who currently have a Group RRSP in place, and who implement this Group RRSP pursuant to this Article, shall terminate the current Group RRSP and contributions shall be converted to the new Group RRSP. 7. In the event that an Employer currently participates in the Municipal Superannuation Plan (date of hire or is required to participate in the future), the Group RRSP will not be implemented (or will be terminated) for employees of that Employer. 8. Employers will ensure that all new employees are informed of the options available to them under this Group RRSP to this Appendix. If an Employer does not currently participate in a pension plan (e.g. the Municipal Superannuation Plan) then participation in the group RRSP for Employees will be mandatory. No employee shall be allowed to join both a pension plan and the group RRSP. In order to ensure the timely establishment and implementation rehire of a group RRSP plan for full-time employee. The Union shall bear the benefit expense of Employees in this sectorprinting and mailing Exhibit One.” BETWEEN: AND chartered by the United Food & Commercial Workers International Union, hereinafter referred to as the Parties to this agreement agree that Manulife Financial will continue be the transitional plan administrator/fund manager for St. Xxxxx Daycare Society and its participating employees until the expiration of this Memorandum of Agreement. This Agreement is on a without prejudice basis as to the final decision of the Parties as to the jointly agreed to plan carrier. ECE I $ 14.24 $ 14.45 $ 15.00 $ 15.30 ECE II $ 18.02 $ 18.27 $ 18.77 $ 19.15 ECE III $ 19.09 $ 19.34 $ 19.84 $ 20.24 ECE Assistant $ 12.88 $ 14.45 $ 15.00 $ 15.30 Qualified Auxiliary $ 10.68 $ 13.00 $ 13.35 $ 13.62 Unqualified Auxiliary $ 9.95 $ 13.00 $ 13.35 $ 13.62"Union".

Appears in 1 contract

Samples: Collective Agreement

Group RRSP. Effective October 1, 1999 1. All regular employees, upon successful completion of the probationary period, shall have a one-time option of enrolling B-7.01 Each employee who has seniority rights under this Agreement will be eligible to participate in the plan. Participation in Company’s Group Registered Retirement Savings Plan (“the plan is voluntaryGroup RRSP”). The Company agrees to match, to the maximums set forth in Appendix B- 7.02, 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 Group RRSP for those employees who contribute an amount no less than the amount which the Company is required to contribute pursuant to Appendix B-7.02. The Company will administer payroll deduction deductions for participating employees. Contributions will be sent to the Group RRSP by the Company on one (1) of the following bases: • one percent (1%) of same dates that regular earnings; or • two percent (2%) of regular earnings; or • three percent (3%) of regular earnings. 3payroll is paid by the Company. The Employer will match Company’s contribution and the contributions made by each employee. 4. Employees may increase or decrease their ’s 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. 5. Employer and employee contributions will be locked in itemized on the employee’s behalfpay stub. 6. Employers who currently have a B-7.02 The minimum Group RRSP contribution which may be made by a participating employee and the maximum Company matching contribution will be five percent (5%) of the employee’s regular straight time wages. B-7.03 An employee who enrols in placethe Group RRSP must stay in the Group RRSP and can only withdraw funds at or after termination or retirement. B-7.04 It is agreed that employees may opt to contribute more than the percentages set forth in Appendix B-7.02, but the Company is only obligated to contribute the percentages set forth in Appendix B-7.02. BETWEEN: XXXX-RITE FOOD PRODUCTS, A DIVISION OF SUNRISE POULTRY AND chartered by the United Food & Commercial Workers International Union, hereinafter referred to as the "Union". 1. The Company and the Union hereby agree as follows: a) All employees classified as Breast Boners, including those who are assigned to regularly rotate job duties with employees classified as Trimmers, will be paid the Group C regular rate of pay. b) All employees classified as Xxxxx Xxxxxx, including those who are assigned to regularly rotate job duties with employees classified as Trimmers, will be paid the Group B regular rate of pay. c) All employees classified as Trimmers will be paid the Group A regular rate of pay, except that: i) those employees classified as Trimmers who have the qualifications, experience, skill and ability to perform the duties of the Thigh Boner classification, as determined by the Company, and who implement this Group RRSP pursuant are assigned to this Article, shall terminate the current Group RRSP and contributions shall regularly rotate duties with employees classified as Thigh Boners will be converted to the new Group RRSP. 7. In the event that an Employer currently participates in the Municipal Superannuation Plan (or is required to participate in the future), paid the Group RRSP will not be implemented (or will be terminatedB regular rate of pay; ii) for those employees of that Employer. 8. Employers will ensure that all new employees are informed classified as Trimmers who have the qualifications, experience, skill and ability to perform the duties of the options available Breast Boner classification, as determined by the Company, and who are assigned to them under this Group RRSP to this Appendix. If an Employer does not currently participate in a pension plan (e.g. the Municipal Superannuation Plan) then participation in the group RRSP for Employees will be mandatory. No employee shall be allowed to join both a pension plan and the group RRSP. In order to ensure the timely establishment and implementation of a group RRSP plan for the benefit of Employees in this sector, the Parties to this agreement agree that Manulife Financial will continue be the transitional plan administrator/fund manager for St. Xxxxx Daycare Society and its participating employees until the expiration of this Memorandum of Agreement. This Agreement is on a without prejudice basis as to the final decision of the Parties as to the jointly agreed to plan carrier. ECE I $ 14.24 $ 14.45 $ 15.00 $ 15.30 ECE II $ 18.02 $ 18.27 $ 18.77 $ 19.15 ECE III $ 19.09 $ 19.34 $ 19.84 $ 20.24 ECE Assistant $ 12.88 $ 14.45 $ 15.00 $ 15.30 Qualified Auxiliary $ 10.68 $ 13.00 $ 13.35 $ 13.62 Unqualified Auxiliary $ 9.95 $ 13.00 $ 13.35 $ 13.62regularly rotate duties

Appears in 1 contract

Samples: Collective Agreement

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