Common use of RRSP Clause in Contracts

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. 19.01 21.01 A full-time employee who has worked continuously for 3001 three thousand and one (3001) hours shall be eligible to qualify for a maximum RRSP contribution payment by the Company Co-operative 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 Co-operative prior to February 1st, the amount paid to an RRSP fund at a financial institution. The Company Co-operative 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. 19.01 21.01 A full-time employee who has worked continuously for 3001 three thousand and one (3001) hours shall be eligible to qualify for a maximum RRSP contribution payment by the Company Co-operative 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 Co- operative prior to February 1st, the amount paid to an RRSP fund at a financial institution. The Company Co-operative 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.