Common use of RETIREMENT INCOME PLAN Clause in Contracts

RETIREMENT INCOME PLAN. Each full-time employee and part-time employee having six (6) months’ of continuous service shall establish an individually vested plan with the ONA Group Registered Retirement Savings Plan. The Employer shall deduct four (4) percent of applicable wages from the employee’s pay and remit it to the credit of the employee’s individual plan, together with a matching Employer contribution.

RETIREMENT INCOME PLAN. Each full-time employee and part-time employee having six (6) months’ of continuous service shall establish an individually vested plan with the (if the plan is other than the ONA Group Registered Retirement Savings Plan. , insert the actual name of the plan) The Employer shall deduct four (4) percent of applicable wages from the employee’s pay and remit it to the credit of the employee’s individual plan, together with a matching Employer contribution.

RETIREMENT INCOME PLAN. Each full-time employee and part-time employee having six (6) months’ of continuous service shall establish an individually vested plan with the ONA Group Registered Retirement Savings Plan. The Employer shall deduct four (4) percent of applicable wages from the employee’s pay and remit it to the credit of the employee’s individual plan, together with a matching Employer contribution.

RETIREMENT INCOME PLAN. Each full-time employee and part-time employee having six (6) months’ of continuous service shall establish an individually vested plan with the the ONA Group Registered Retirement Savings Plan. The Employer shall deduct four (4) percent of applicable wages from the employee’s pay and remit it to the credit of the employee’s individual plan, together with a matching Employer contribution.

RETIREMENT INCOME PLAN. Each full-time employee and part-time employee having six (6) months’ of continuous service shall establish an individually vested plan with the ONA Group Registered Retirement Savings Plan. The Employer shall deduct four (4) percent of applicable wages from the employee’s pay and remit it to the credit of the employee’s individual plan, together with a matching Employer contribution.