Common use of REGISTERED RETIREMENT SAVINGS PLAN Clause in Contracts

REGISTERED RETIREMENT SAVINGS PLAN. The Board agrees to make constant monthly deductions from the salary of those Members who choose to participate in the OSSTF’s R.R.S.P. known specifically as Educators Financial Group Registered Retirement Savings Plan and to remit such deductions to the Trustee of the plan provided: a) participants shall be permitted to change the amount of their contributions a maximum of two (2) times during each school year, namely, September 30 and February 1, with the exception of initiation or termination of contribution which the participant may effect with thirty (30) days’ notice; and b) that OSSTF agrees to provide all necessary information required for administration of the plans in a format acceptable to the Board.

Appears in 7 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

REGISTERED RETIREMENT SAVINGS PLAN. The Board agrees to make constant monthly deductions from the salary of those Members who choose to participate in the OSSTF’s R.R.S.P. known specifically as Educators Financial Ontario Teacher Group Registered Retirement Savings Plan and to remit such deductions to the Trustee of the plan provided: a) participants shall be permitted to change the amount of their contributions a maximum of two (2) times during each school year, namely, September 30 and February 1, with the exception of initiation or termination of contribution which the participant may effect with thirty (30) days’ notice; and b) that OSSTF agrees to provide all necessary information required for administration of the plans in a format acceptable to the Board.

Appears in 6 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

REGISTERED RETIREMENT SAVINGS PLAN. The Board agrees to make constant monthly deductions from the salary of those Members who choose to participate in the OSSTF’s =s R.R.S.P. known specifically as Educators Financial Group Registered Retirement Savings Plan and to remit such deductions to the Trustee of the plan provided: a) participants shall be permitted to change the amount of their contributions a maximum of two (2) times during each school year, namely, September 30 and February 1, with the exception of initiation or termination of contribution which the participant may effect with thirty (30) days’ days= notice; and b) that OSSTF agrees to provide all necessary information required for administration of the plans in a format acceptable to the Board.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!