Common use of REGISTERED RETIREMENT SAVINGS PLAN Clause in Contracts

REGISTERED RETIREMENT SAVINGS PLAN. A-4.01 The Employer and the Union agree to an R.R.S.P. on the basis of the Employer agreeing to match employee’s contributions in an amount based on every employee’s contributions time into such R.R.S.P. plan as follows (Contributions are as per every employee’s gross income): Between one (1) and two (2) years of contributions time: - Employee contributes four (4)% percent or more if chooses to do so - Employer contributes four (4)% percent Between two (2) and seven (7) years of contributions time: - Employee contributes five (5%) percent or more if chooses to do so - Employer contributes five (5%) percent Between seven (7) and twelve (12) years of contributions time: - Employee contributes six (6%) percent or more if chooses to do so - Employer contributes six (6%) percent Between twelve (12) and seventeen (17) years of contributions time: - Employee contributes seven (7%) percent or more if chooses to do so - Employer contributes seven (7%) percent

Appears in 3 contracts

Samples: ufcw832.com, ufcw832.com, ufcw832.com

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REGISTERED RETIREMENT SAVINGS PLAN. A-4.01 The Employer and the Union agree to an R.R.S.P. on the basis of the Employer agreeing to match employee’s contributions in an amount based on every employee’s contributions time into such R.R.S.P. plan as follows (Contributions are as per every employee’s gross income): Between one (1) and two three (23) years of contributions time: - Employee contributes four (4)% percent or more if chooses to do so - Employer contributes four (4)% percent Between two three (23) and seven eight (7) 8) years of contributions time: - Employee contributes five (5%) percent or more if chooses to do so - Employer contributes five (5%) percent Between seven eight (7) 8) and twelve thirteen (1213) years of contributions time: - Employee contributes six (6%) percent or more if chooses to do so - Employer contributes six (6%) percent Between twelve thirteen (1213) and seventeen eighteen (1718) years of contributions time: - Employee contributes seven (7%) percent or more if chooses to do so - Employer contributes seven (7%) percent

Appears in 2 contracts

Samples: ufcw832.com, ufcw832.com

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REGISTERED RETIREMENT SAVINGS PLAN. A-4.01 The Employer and the Union agree to an R.R.S.P. on the basis of the Employer agreeing to match employee’s contributions in an amount based on every employee’s contributions time into such R.R.S.P. plan as follows (Contributions are as per every employee’s gross income): Between one (1) and two (2) years of contributions contribution time: - Employee contributes four (4)% percent or more if chooses to do so - Employer contributes four (4)% percent Between two (2) and seven five (75) years of contributions contribution time: - Employee contributes five (5%) percent or more if chooses to do so - Employer contributes five (5%) percent Between seven five (75) and twelve ten (1210) years of contributions contribution time: - Employee contributes six (6%) percent or more if chooses to do so - Employer contributes six (6%) percent Between twelve After ten (12) and seventeen (1710) years of contributions contribution time: - Employee contributes seven (7%) percent or more if chooses to do so - Employer contributes seven (7%) percent

Appears in 1 contract

Samples: ufcw832.com

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