RRSP Contributions. (a) Employees may contribute up to three and one half percent (3.5%) of their basic hourly rate of pay into a self-directed RRSP for all hours worked. Employee’s contributions will be on a voluntary basis with decisions to participate or not made once a year for a twelve-month period. For each Employee contributing into the plan in any twelve-month period, the Employer will contribute a matching percentage of the Employee’s basic hourly rate of pay for all hours worked on behalf of participating Employees. Employees may choose to make additional contributions to the Pension Plan. Such additional contributions will not be matched by the Employer. Employees may choose to make such additional contributions, or not, effective for August 1st of each year. The Employee must give the Employer a minimum of thirty (30) days written notice.
(b) The Employer will make the contributions through direct deposit to the RRSP Plan as supplied by the Employer.
RRSP Contributions. 25.01 The Employer and Employee shall contribute to the Registered Retirement Savings Plan for all Permanent Full-Time and Permanent Part-Time Employees covered by this Collective Agreement subject to the following:
(a) Employee participation is mandatory.
(b) Participating Employees shall maintain an RRSP account to which payroll deductions are to be deposited on the regular pay day of each pay period following enrollment.
(c) For each participating Employee, the Employer shall contribute five percent (5%) of the Employee’s gross pay period salary to their designated RRSP account. The Employer shall deduct at source the Employee’s contribution of the amount as per instructions from the Employee. The minimum pay period contribution shall be twelve dollars ($12.00).
(d) Payroll deduction changes shall be permitted effective twice yearly (September 1st and February 1st each year).
(e) New Employees shall be eligible for participation upon the completion of the probationary period.
(f) The Employer contributions shall be made to the Employee’s RRSP account. Calculations shall be based upon the Employee’s income for that pay period.
(g) The RRSP benefit shall be registered with Canada Life, or any applicable successor organization.
(h) The Employer contribution shall be included as a taxable benefit to the Employee on the annual T4 document.
RRSP Contributions. These are paid to the Union on behalf of all IATSE members working under this agreement. It is agreed by the Union that RRSP contributions made by the Company shall be paid into accounts administered by the Canadian Entertainment Industry Retirement Plan (CEIRP) #62724 for IATSE members, and that such contribution shall be made payable from the first day of employment at such rates as are herein agreed. For all other Employees, the Company shall make a contribution identical to the RRSP calculation, which will be added to the Employee’s weekly remuneration. “Other Employees” would include IATSE Local 212 Permittees and out-of-jurisdiction Work Permit Employees who do not belong to an IATSE Local.
RRSP Contributions a) The Employer will provide permanent employees with a contribution of nine percent (9%) of gross earnings, which shall be locked into a mandatory (restricted) RRSP with the Canadian Entertainment Industry Retirement Plan (CEIRP). The parties agree that all Local 891 CEIRP rules apply, including the ninety (90) calendar day withdrawal period following termination of employment which specifically cannot be altered except through mutual agreement between the Employer and Union.
RRSP Contributions. 22:01 For all eligible full-time employees, excluding Relief, the Employer will contribute 2.5% of gross earnings to an RRSP. The Employer will match an employee contribution of an additional 1% of gross earnings to a maximum of 3.5% of gross earnings, as per current practice. Employees will be governed by the terms and conditions of the Plan. The Employer shall determine the type of plan to be invested. Under no circumstances shall any employee and/or the Union involve or name the Employer in relation to any dispute between an employee and the Plan. For greater certainty, such a dispute may not be made the subject of a grievance under this agreement. Employees will have a period of ninety (90) calendar days from their RRSP eligibility date to meet with a representative of the Plan to open their account. An employee who fails to open their account within this time period will be deemed to have waived this benefit. The employer shall provide formal notification to the Employee prior to their eligibility date.
22:02 All disputes that any employee may have in relation to the Plan will be resolved in accordance with the procedures that are specified and prescribed by the Plan. It is understood that a dispute between the Plan and the employee shall not be subject of a grievance.
22:03 The Employer will remit the amount on a bi-weekly basis, to the Plan, which shall be reflected on each employee’s pay slip.
22:04 Permanent full-time employees are eligible to commence participation in this benefit after one year of continuous service in a permanent, full-time capacity with the Employer.
22:05 It is understood that for the purposes of this agreement “the Plan” refers to the existing R.R.S.P. plan offered by the Employer.
RRSP Contributions. 23.1. The Employer is to continue its contribution of twenty ($0.20) cents per hour per employee payable into the employee’s RRSPs.
23.2. It is the responsibility of each employee to provide the employer with the necessary bank information to allow the employer to make the contributions to individual employees.
23.3. New hires will provide the information within 30 days of being hired. Failure by new hires to provide the information in the time required will result in a loss of the payment until the information is provided, in which case, contribution will only commence at the time the information is provided. 2017 – 2019 Collective Agreement between A.S.P. Incorporated and Unifor Local 2002
RRSP Contributions. All existing employees at the date of ratification of this agreement will qualify for RRSP contributions per Article 44.01 (a) after two (2) years of service
RRSP Contributions. (a) An employee may contribute any amount up to the Revenue Canada limitations to the RRSP Plan after completing their probationary period. The Company shall contribute a matching amount to the employee’s contribution Effective April 1, 2012 Effective April 1, 2014 Up to 4% of gross Up to 5% of gross earnings in each pay earnings in each pay period. period.
(b) The Employer’s contribution shall be restricted until the employee retires or leaves the Company.
RRSP Contributions. For employees covered by the Defined Contribution Money Purchase Plan, the Employer will open an RRSP account for each employee and contribute up to four (4%) percent to the RRSP provided the employee matches the Employer’s contribution.
RRSP Contributions. Provided the conditions set out below have been satisfied, in January or February of the year following the year in which the income is earned by Xx. Xxxxxx (the “Income Year”), QLT will make a contribution of up to 7% of Xx. Xxxxxx’x annual base salary for the Income Year to Xx. Xxxxxx’x Registered Retired Savings Plan (“RRSP”). The contribution to Xx. Xxxxxx’x RRSP as set out above is subject to the following conditions:
I. The maximum contribution to be made by QLT to Xx. Xxxxxx’x RRSP is 50% of the annual limit for Registered Retirement Savings Plans as established by Canada Revenue Agency for the Income Year,
