Retirement Savings. 3.7.1 Principals are eligible to join Kiwisaver schemes in accordance with the terms of those schemes.
3.7.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes.
3.7.3 A Principal is not eligible to receive employer or government contributions to a Kiwisaver scheme where government or employer contributions are made to another retirement or superannuation scheme of which that Principal is a member.
Retirement Savings. (a) Teachers are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.
(b) Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes.
(c) Where government or employer contributions are made to another retirement or superannuation scheme of which a teacher is a member, then that teacher is only eligible to receive employer or government contributions to a KiwiSaver scheme to the extent that those combined contributions equal the minimum Kiwisaver employer or government contributions. If the government or employer contributions made to another retirement or superannuation scheme of which a teacher is a member equal or exceed the full minimum Kiwisaver employer or government contributions, then that teacher is not eligible to receive employer or government contributions to a KiwiSaver scheme.
Retirement Savings. 5.6.1 Principals are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.
5.6.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes.
5.6.3 Where government or employer contributions are made to another retirement or superannuation scheme of which a principal is a member, then that principal is only eligible to receive employer or government contributions to a KiwiSaver scheme to the extent that those combined contributions equal the minimum KiwiSaver employer or government contributions. If the government or employer contributions made to another retirement or superannuation scheme of which a principal is a member equal or exceed to the full minimum KiwiSaver employer or government contributions, then that principal is not eligible to receive employer or government contributions to a KiwiSaver scheme.
Retirement Savings. 4.10.1 Teachers are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.
4.10.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the State Sector Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes.
4.10.3 A teacher is not eligible to receive employer or government contributions to a KiwiSaver scheme where government or employer contributions are made to another retirement or superannuation scheme of which that teacher is a member.
Retirement Savings. 5.6.1 Principals are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.
5.6.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes.
5.6.3 Where government or employer contributions are made to another retirement or superannuation scheme of which a principal is a member, then that principal is only eligible to receive employer or government contributions to a KiwiSaver scheme to the extent that those combined contributions equal the minimum KiwiSaver employer or government contributions. If the government or employer contributions made to another retirement or superannuation scheme of which a principal is a member equal or exceed to the full minimum KiwiSaver employer or government contributions, then that principal is not eligible to receive employer or government contributions to a KiwiSaver scheme. Primary Principals' Collective Agreement Effective: 26 August 2019 to 25 August 2022 We are making improvements to our Download to Print functionality, so if you want a printed copy of this agreement please download the PDF version of the Primary Principals' Collective Agreement.
Retirement Savings. Part Two – General Provisions
2.1 Responsibilities of the Board 2.2 Responsibilities of the Principal 2.3 Good Employer/Equal Employment Opportunities
2.4 Advertising Positions 2.5 Permanent Positions
Retirement Savings. In addition to participation in the Basic Retirement Plan, you may also have additional voluntary deducted from your paycheck on a BEFORE-TAX basis.
Retirement Savings. Teachers are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes. Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes. Where government or employer contributions are made to another retirement or superannuation scheme of which a teacher is a member, then that teacher is only eligible to receive employer or government contributions to a KiwiSaver scheme to the extent that those combined contributions equal the minimum KiwiSaver employer or government contributions. If the government or employer contributions made to another retirement or superannuation scheme of which a teacher is a member equal or exceed the full minimum KiwiSaver employer or government contributions, then that teacher is not eligible to receive employer or government contributions to a KiwiSaver scheme.
Retirement Savings. The Board shall contribute an amount of four dollars and fifty cents ($4.50) per hour for every hour worked by all temporary employees to the Alberta Sheet Metal Workers’ Retirement Trust Fund. The Board shall forward the contributions to the Alberta Sheet Metal Workers’ Retirement Trust Fund, by the fifteenth day of the following month, accompanied by a report of particulars, on a report form approved by the Trustees of the Retirement Trust Fund. When the Board is required to contribute to the Local Authorities Pension Plan on behalf of an employee, the Board shall cease to contribute to any other pension plan on their behalf.
Retirement Savings. Local condition applicable to Bethany – Airdrie only:
30.01 REGISTERED RETIREMENT SAVINGS PLAN (RRSP) The Employer shall provide and administer contributions to an RRSP program to include the following:
(a) Employees in positions of zero point three nine (0.39) FTE or greater and have completed five hundred three point seven five (503.75) hours worked are eligible for this program.
(b) The Employer will deduct from eligible Employees an amount of up to four percent (4%) of the Employee's gross earnings of each pay period to be placed directly into a group RRSP. The Employer will match the Employee's contribution up to a maximum of four percent (4%) to be placed directly into the RRSP plan.
30.01 LOCAL AUTHORITIES PENSION PLAN (XXXX)
(a) The Employer shall contribute to the Local Authorities Pension Plan for retirement benefits for eligible participating Full-Time Employees in accordance with the regulations of the applicable plan.
(b) The Employer shall contribute to the aforementioned pension plan for eligible Part-Time Employees who request enrolment in the plan provided they are regularly scheduled to work at least fourteen (14) hours per week averaged over a complete cycle of the shift schedule.
(c) The Employer shall distribute to all Employees brochures and other relevant material outlining the above plan upon hiring and when there are changes to the plan.
