Group RRSP definition

Group RRSP participation (outside of the SELECTIONS program) by way of payroll deduction by the Executive will continue until the Termination Date.

Group RRSP participation and/or contributions by way of payroll deduction by the Executive will cease at the Effective Date. Treatment of the Executive's fund balances will be as per the terms of the Plan.

Group RRSP has the meaning ascribed to such term in Section 9.6;

Examples of Group RRSP in a sentence

• The assets of the Group RRSP are held separately from those of the Company in independently administered funds.

• The Company agrees to participate in the Teamster Local Union 847 Voluntary Group RRSP to the extent of collecting payroll contributions made by employees.

• Trust Fund shall be administered as a Group RRSP by the Trust Administrator, who shall receive contributions as noted in 21A.01 above and who shall credit the amounts received to the individual accounts established for the Employees.

• One dollar ($1.00) per hour worked shall be deducted and remitted to Local 625 for a Group RRSP.

• In the event that the Employee leaves the employ of the University prior to retirement, the Employee’s portion of the Group RRSP (including Employee and Employer contributions to the date of leaving) will be converted to an individual RRSP that the Employee takes with them on leaving the University’s employment.

More Definitions of Group RRSP

Group RRSP means the Group RRSP, if established by the Corporation, as sponsor, and the RRSP Trustee, as trustee, pursuant to which RRSP Accounts are maintained, on the instructions of individual Participants in accordance with Section 4.4;

Group RRSP means the Group RRSP, if established by the Corporation, as sponsor, and the RRSP Trustee, as

Group RRSP means a Registered Retirement Savings Plan provided to a group, typically a group of employees from a particular organization. The organization registers the Plan with the government and adheres to detailed regulations.

Group RRSP means any group registered retirement savings plan administered by the Trustee or an affiliate thereof for the benefit of Employees that is designated by the Committee for purposes of the Plan.

Group RRSP means the Group RRSP established by the Corporation, as sponsor, and the RRSP Trustee, as trustee, on the instructions of individual Participants in accordance with Section 4.4;

Group RRSP. You will be entitled to participate in this plan to the same extent as the other members of the Company's executive management in accordance with the plan's terms, once it is established.

Group RRSP means the Group RRSP established by the Company which consists of a registered retirement savings plan as defined in Subsection 146(1) of the Income Tax Act.