R.S.P Sample Clauses
R.S.P. 20.01 An employee who has worked for three thousand one (3001) hours shall be eligible to qualify for a maximum R.R.S.P. contribution payment by the Company of one and one half (1.50%) percent of the employee’s annual gross earnings. To qualify, an employee must contribute to an R.R.S.P. fund and verify payment to the Company prior to February 1st, the amount paid to an R.R.S.P. fund at a financial institution. The Company will match the employee’s contribution which in no event will exceed a maximum contribution of one and one half (1.50%) 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.
R.S.P. The relative salary position. This is the ratio between the fulltime salary and the maximum of the salary scale. Working at Aegon The part of Aegonnet with information about the CLA, the redundancy plan and other staff schemes. With regard to employees of Aegon Corporate Center it is noted that information about the CLA, the redundancy plan and the other staff schemes are posted on the intranet of Corporate Center. Training and development A working time of, on average 40 hours per week (2080 hours per year).
R.S.P. The Company agrees to provide a group RRSP voluntary retirement savings plan. If an employee contributes 3% of his/her income the Company will contribute 50% of the employee’s contribution. If an employee contributes an additional 1 or 2 percent (4% or 5% in total) of his/her income, the Company will contribute 50% of the employees additional contributions. There is no vesting period for funds contributed by MetoKote Canada Limited. An employee may withdraw funds from his/her Group RRSP prior to their retirement, however, they will not be eligible to withdraw any funds contributed by MetoKote Canada Limited unless for the purpose of the First Time Homeownership Plan or if the employee’s employment is terminated.
R.S.P. The Employer agrees to become a contributing employer to the Group Registered Savings Plan (Group RSP) as per Appendix 3.
R.S.P a) The Employer agrees to remit to the Union, the amount stipulated in Schedule “B” for each hour worked for each employee for participation in the RSP administered by the CLAC Health and Welfare Trust Fund.
b) Contributions to the employees’ RSP, administered by the Trust Fund, shall be made in accordance with direction by the Union. The Employer shall be saved harmless for all contributions and administration of the RSP.
R.S.P. Effective January 1st, 1989 the Parties agreed to participate in the Ontario Legal Aid Plan Group R.R.S.P. A description of the Plan is set out in Schedule C and forms part of the Collective Agreement.
R.S.P. Effective on ratification, the Company will match 100% of the employee contributions to a maximum Company contribution of $0.25 per hour to $500.00 per year. In the event an employee making contributions matched by the Company cancels such contributions altogether, the Company will not be required to match that employee=s contributions for one (1) year.
R.S.P. The Employer agrees to contribute the amount as set out in Schedule “A” for each hour worked toward each employee’s participation in the RSP administered by the CLAC Health and Welfare Trust Fund. Payment will be based on the employee’s base hourly wage rate.
a) An account will be opened in the employee’s name by the CLAC Health and Welfare Trust Fund as soon as possible following the receipt of one (1) month’s contributions and the employee’s current address. The contributions will be deposited in the same manner subject only to the rules established by the Trust Funds Board of Trustees. All monies deposited in the employee’s account will remain the property of the employee subject only to the rules governing RSP and Benefit Plans;
b) The Employer’s contribution to the CLAC Health and Welfare Trust Fund will be non-refundable, and when deposited will be vested in the employee on whose behalf the deposit was made, in accordance with the terms of the RSP;
c) Withdrawal of funds and payouts from the RSP will be subject to law and the terms of the Plan;
d) Employees on whose behalf contributions and deposits are made will receive statements from the financial institution where the deposits are made, mailed to the employees’ last address on record with the CLAC Health and Welfare Trust Fund Administrator.
R.S.P. The Employer shall contribute $0.82 per hour for every employee to an RSP plan on behalf of the employees in the Prince Xxxxxx shop as outlined in Article 17.
R.S.P. The R.R.S.P. for full-time employees for both Employer and employee contributions will be amended as follows: Effective on the Date of ratification: a five cent (5¢) increase to a total of (July 5, 2005) twenty cents (20¢) Effective July 1, 2006: a five cent (5¢) increase to twenty- five cents (25¢) Effective July 1, 2007: a five cent (5¢) increase to thirty cents (30¢) Effective July 1, 2008: a five cent (5¢) increase to thirty-five cents (35¢) Effective July 1, 2009: a five cent (5¢) increase to forty cents (40¢)