Common use of Retirement Savings Clause in Contracts

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.

Appears in 1 contract

Samples: Collective Agreement

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Retirement Savings. Local condition applicable to Bethany Xxxxxxx – 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.

Appears in 1 contract

Samples: Collective Agreement

Retirement Savings. Local condition applicable Applies to all worksites except Bethany – Airdrie onlyCalgary: 30.01 31.01 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 31.01 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.

Appears in 1 contract

Samples: Collective Agreement

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Retirement Savings. Local condition applicable Applies to Bethany all worksites except Xxxxxxx Airdrie onlyCalgary: 30.01 31.01 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 31.01 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.

Appears in 1 contract

Samples: Collective Agreement

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