RRSP Plan definition
Examples of RRSP Plan in a sentence
This entitlement shall be limited to employees who were formerly employed by the Windsor Roman Catholic Separate School Board and who have not enrolled in the RRSP Plan.
Participation in the RRSP Plan shall be subject to the terms and conditions established by the RRSP Plan manager, and as are applicable to such RRSP Plan.
As is more particularized below, the Employer shall make contributions to the RRSP Plan on behalf of employees who are eligible, and in the amount described herein.
You will continue to be eligible to participate in the Company’s current Group RRSP Plan, under which the Company will match your contributions up to a maximum of 5% of your Base Salary, in the same currency in which your Base Salary is paid.
It is further agreed that the Canada Pension Plan will be in addition to the R.R.S.P. Plan.
It is further understood that no one who elects to enter the RRSP Plan or who commences employment on or after September 1, 1998 shall have any entitlement to a retirement gratuity.
The Employer contribution will be as follows: Start 0% 1 year 3% 2 year 4% 3 years or more 5% Any employee interested in making payroll deductions into the Group RRSP Plan shall notify the Employer in writing at least thirty (30) days prior to the requested commencement of RRSP deductions from their payroll.
Participating Employees may contribute to the RRSP Plan and the Employer shall match the Employee’s contribution up to three percent (3%) of the Employee’s gross earnings.
Effective upon ratification of the Agreement, an eligible employee's contribution to the Employer's RRSP Plan shall be matched by the Employer up to a maximum of four percent (4%) of the employee's eligible earnings calculated on the employee's bi-weekly payroll.
The Employer shall contribute two percent (2%) of earnings for each employee who wishes to enrol into a mutually agreed to RRSP Plan.