Registered Pension Plan. 35.01 The Employer will maintain a defined benefit pension plan.
35.02 The Employer and each participating employee shall each make contributions to the plan in keeping with the formula provided by the Actuary on an annual basis.
35.03 The contributions shall be made in addition to the required Canada Pension Plan contributions.
35.04 The YCS pension committee NWTTA members will be the YCS Regional President and YCS Regional Vice-President. The NWTTA Executive Director will also be invited to the pension committee as a non-voting NWTTA advisor.
35.05 The NWTTA would agree to exiting the existing pension plan and entering the NEBS plan effective September 1, 2023.
Registered Pension Plan. 22.01 All permanent full-time members of the Bargaining Unit shall be eligible to join the Algoma University Support Staff Group RRSP plan after completion of the period of probation if they so desire. Current details of the Group RRSP plan are available through the Payroll Department.
22.02 Permanent part-time, limited term and temporary employees are included in the Group RRSP plan as per the guidelines noted in Article 22.01.
22.03 The University will match employee contributions of 3%, 5%, 7%, 7.5% or 8%.
Registered Pension Plan. 33.01 The Employer will maintain a defined benefit pension plan.
33.02 The Employer and each participating employee shall each make contributions to the plan in keeping with the formula provided by the Actuary on an annual basis.
33.03 The contributions shall be made in addition to the required Canada Pension Plan contributions.
Registered Pension Plan. The Employer agrees to maintain the current Registered Pension Plan.
Registered Pension Plan a) All members of the bargaining unit shall have the option of contributing to the YMCA of Canada Pension Plan after two (2) years of employment. After three (3) years of employment, full-time employees must join the Plan.
b) Each bargaining unit employee participating in the Pension Plan shall contribute, for each pay period, an amount equal to five percent (5%) of their earnings to the Plan. The Employer shall contribute to the Plan on behalf of each employee, for each pay period, an amount equal to five percent (5%), matching the employee’s earnings. Pension contributions shall begin on the first day of the pay period following the completion of the eligibility period.
c) Employees may elect to increase their contributions to the Pension Plan, without the Employer matching this increased contribution, in accordance with the Plan’s rules.
Registered Pension Plan. Effective January 1, 1994, the Employer agrees to allow bargaining unit members the option of joining the Company’s registered pension plan. The Employer agrees to match all amounts bargaining unit employees deposit into such account up to a maximum of four (4%) percent of annual gross earnings.
Registered Pension Plan. 25.01 Contributions The Employer and employee shall each contribute at the rate of five (5%) per cent of regular earnings to a defined contribution Registered Pension Plan (RPP). For the purpose of Article 25.01 only, regular earnings shall mean up to a maximum of eighty (80) hours bi-weekly 25.02 Participation Mandatory Participation in the RPP shall be mandatory.
Registered Pension Plan. 25.01 Contributions The Employer and employee shall each contribute at the rate of five (5%) per cent of regular earnings to a defined contribution Registered Pension Plan (RPP).
25.02 Participation Mandatory Participation in the RPP shall be mandatory.
Registered Pension Plan. CKUA shall maintain and assist in funding a registered pension plan for regular full-time employees and regular part-time employees as they become eligible for participation. The employer shall contribute three percent (3%) of an employee's base earnings into the Defined Contribution Pension Plan. Employees may contribute a matching three percent (3%) or more if they wish; however, the employer contribution will be a maximum of three percent (3%).
