RRSP Matching. The Employer will pay up to $10,000 for each tax year in RRSP matching contributions in accordance with this Section. To be eligible to participate in Employer RRSP matching, employees must have at least two
RRSP Matching. The Employer will match RRSP contributions made by employees in accordance with Employer policy. This currently provides for matching contributions of three (3) percent of the employee’s earned gross wages. The Employer will notify the Union of any changes.
RRSP Matching. The Employer shall contribute to the employer sponsored group DPSP/RRSP plan on behalf of permanent full-time employees who have completed their probationary period two percent (2%) of an employee’s regular earnings in accordance with current practice. Senior permanent full- time employees who have passed probation must enroll in the plan and make equivalent contributions of two percent (2%) of their regular wages to receive the employer-matching amount. Employees who do not enroll in the plan will be considered to have opted-out. It is understood and agreed that the Employer’s sole obligation with respect to the benefits provided hereunder is the remittance of contributions and the provision of an applicable plan as stipulated herein. Any question as to eligibility and entitlement under such plans are governed by the terms of the plans themselves and are not subject to the grievance and arbitration procedures set out herein.
