RRSP Matching Sample Clauses

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
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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.
Sample 1
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.
Sample 1

Related to RRSP Matching

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Rollovers of Xxxx Elective Deferrals Xxxx elective deferrals distributed from a 401(k) cash or deferred arrangement, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan, may only be rolled into your Xxxx XXX.

  • Vacation Credits All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused vacation) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.

  • Tax-Deferred Earnings The investment earnings of your IRA are not subject to federal income tax until distributions are made (or, in certain instances, when distributions are deemed to be made).

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