Registered Savings Plan the Executive shall be entitled to receive annually up to 5% of base salary as an equal matching contribution to a registered savings plan where the Executive contributes to a registered savings plan through payroll deduction.
Registered Savings Plan. 18.01 Upon completing the Probationary Period, all Employees shall participate in the Registered Savings Plan.
Registered Savings Plan. (a) School Bus Operators will be eligible to participate in a Registered Savings Plan after successfully completing the probationary period.
Registered Savings Plan. The Board contributes an amount equal to two percent (2%) of the basic salaries of the employees covered by the Agreement when the said employees themselves contribute an equal amount. The contributions are deposited in a Trust Fund for the benefit of the employee, and can be withdrawn by the employee, in accordance with the contract covering the Trust Fund with the Trust Company. Permanent employees may begin to contribute to the savings plan upon completion of the probationary period. Basic salary is the rate set out opposite the respective classifications and does not include extras, overtime, bonuses, etc.
