RRSP. 19.01 A full-time employee who has worked continuously for 3001 hours shall be eligible to qualify for a maximum RRSP contribution payment by the Company of two (2%) percent of the employee’s annual gross earnings. To qualify, an employee must contribute to a RRSP fund and verify payment to the Company prior to February 1st, the amount paid to an RRSP fund at a financial institution. The Company will match the employee’s contribution which in no event will exceed a maximum contribution of two (2%) percent of the employee’s gross earnings in the previous calendar year. Such opportunity will be deemed waived if not exercised by February 1st of the following calendar year.
RRSP. During the Term, the Corporation will match the Executive’s Registered Retirement Savings Plan (“RRSP”) contributions, up to the applicable annual Canada Revenue Agency RRSP Money Purchase Limit (i.e., CAD$29,210 for 2022) for the fiscal year, with such matching amount not to exceed six percent (6%) of Base Salary (pro rated to reflect service in the fiscal year). RRSP deductions will be made in line with payroll, commencing on the Effective Date, and contributed directly to the Executive’s RRSP account with Li-Cycle.
RRSP. The Employer will provide an RRSP plan to all regular employees with a minimum mandatory employee contribution of one percent of annual earnings and will match an employee's contributions up to two percent of annual earnings. Employees may make additional voluntary contributions for themselves or their spouse up to the maximum allowed by the Canada Revenue Agency. Casual employees may opt to join the RRSP but will not be eligible for the Employer contributions.
RRSP. 13.01 In addition to Employer contributions to the Canada Pension Plan, effective August 2004, the Employer shall pay bi-weekly an amount equal to seven percent (7%) of the Executive Director’s bi-weekly earnings toward a Registered Retirement Savings Plan of the Director’s choice.
RRSP. Article 25 Health Care Plans • Article 27.3 Temporary Promotion or Transfer
RRSP. The Employer agrees to become a contributing Employer to the Group Registered Retirement Savings Plan (Group RRSP) as per Appendix 3.
RRSP. (a) Project staff will receive 13% of salary per year to his/her RRSP in lieu of pension.
(b) All contract employees hired for a period exceeding six (6) months shall receive in lieu of pension thirteen (13) percent of salary for RRSP.
RRSP. The company will contribute on a dollar for dollar amount to a maximum of 3% of the employee’s annual wages. Employees who are enrolled in the plan shall be furnished with copies of an employee’s handbook upon enrolment, and upon request.
RRSP. 18.01 Maritime Electric will sponsor a Group RRSP, and it will remain in force during the term of this Agreement. Employees will contribute six and one-half percent (6 ½%) to the RRSP and the Company will match the employee contribution.
RRSP. The current practice of the Employer matching employee RRSP contributions to a maximum of five percent (5%) of straight-time earnings will continue. Eligible regular employees will have completed their probationary period and work an average of fourteen point four (14.4) hours per week over the previous twelve (12) weeks. For future employees only, contributions shall be ‘locked in’ until retirement or termination of employment. There shall be no restriction on when or if an employee can withdraw funds from this account for current employees.
