Common use of RRSP Contribution Clause in Contracts

RRSP Contribution. a) Participation in the Employer sponsored RRSP program is voluntary. b) The Employer will match employee contributions to the employees RRSP to the following maximums: Length of Service per bi-weekly pay period 12 to 36 months $23.10 36 to 60 months $33.00 60 to 84 months $40.70 84 months or more $50.60 c) If an employee makes a deduction from their RRSP they will be ineligible for employer matching contributions for a period of two years.

RRSP Contribution. a) Participation in the Employer sponsored RRSP program is voluntary. b) The Employer will match employee contributions to the employees employee RRSP to the following maximums: Length of Service Employer contribution per bi-weekly pay period 12 to 36 months $23.10 36 to 60 months $33.00 60 to 84 months $40.70 84 months or more $50.60 c) If an employee makes a deduction from their RRSP they will be ineligible for employer matching contributions for a period of two years.