VRSP Act definition

VRSP Act means the Voluntary Retirement Savings Plans Act, (CQLR, chapter R-17.0.1), and any subordinate legislation made under that legislation, both as amended from time to time.
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VRSP Act means the Voluntary Retirement Savings Plans Act, (CQLR, chapter R‐17.0.1), and any subordinate legislation made under that legislation, both as amended from time to time.
Sample 1

Examples of VRSP Act in a sentence

  • Maximum fees are set by the VRSP Act – a VRSP cannot charge its plan members, whether directly or indirectly, more than 1.25% of the member’s average assets if the member selects the default investment option or more than 1.5% if the member selects another option.

  • We note that the VRSP Act expressly states that the employer is not liable for any acts or omissions of the VRSP administrator.

  • Since the implementation of the VRSP Act is recent, the impact of VRSPs on savings has not been observed as the data needed to measure this impact objectively are not yet available.

  • The following Schedules form part of this Agreement:• (a) Schedule A ‐ Provincial PRPP Acts• (b) Schedule B – Requirements to be met under the VRSP Act for the AMF to Issue a VRSP Licence to the Holder of a Federal PRPP Licence• (c) Schedule C ‐ Matters for the Purposes of Subsection 11(1).

  • If there is doubt regarding the interpretation of the VRSP Act, we suggest consulting a legal advisor for an opinion based on your company's specific situation.

  • Voluntary Retirement Savings Plan (Quebec)Quebec’s version of PRPPs, the defined contribution Voluntary Retirement Savings Plan (VRSP), is governed by the VRSP Act and became available in 2014.

  • The VRSP Act requires certain employers to offer eligible employees a VRSP if they do not already offer another group retirement savings plan that allows employees to make contributions through payroll deductions.LithuaniaPension Accumulation PlanLithuania’s Pension Accumulation Plan began in 2004, with key changes in 2014, when defined contributions from workers’ wages were introduced, and 2019, with the beginning of automatic enrollment.

  • Subject to any rules concerning Cabinet confidences and solicitor‐client privilege, and any other confidentiality rule applicable to a party, each party shall provide to each other on a timely basis relevant information on policy developments in relation to the federal PRPP Act, a provincial PRPP Act, or the VRSP Act as applicable.

  • Subject to any rules concerning Cabinet confideThces and solicitor-client privilege, and any other confidentiality rule applicable to a party, each party shall provide to each other on a timely basis relevant information on policy developments in relation to the federal PRPP Act, a provincial PRPP Act, or the VRSP Act as applicable.

  • The Latin American Center for Development Administration (CLAD) and the Government of Chile, through the Ministry General Secretariat of the Presidency and the National Civil Service will be organizing the XXI International Congress of CLAD on Reform State and Public Administration.

Related to VRSP Act

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • the 1992 Act means the Local Government Finance Act 1992;

  • the 1974 Act means the Health and Safety at Work etc. Act 1974;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • the 1972 Act means the Local Government Act 1972.

  • the 1961 Act means the Land Compensation Act 1961(d); “the 1965 Act” means the Compulsory Purchase Act 1965(e); “the 1980 Act” means the Highways Act 1980(f);

  • the 1978 Act means the National Health Service (Scotland) Act 1978 (c. 29),

  • the 1993 Act means the Pension Schemes Act 1993; “the 1995 Act” means the Pensions Act 1995;

  • the 1973 Act means the Water Act 1973;

  • the 2002 Act means the Nationality, Immigration and Asylum Act 2002;

  • the 1985 Act means the Companies Act 1985;