Common use of Group RRSP Clause in Contracts

Group RRSP. B-7.01 Each employee who has seniority rights under this Agreement will be eligible to participate in the Company’s Group Registered Retirement Savings Plan (“the Group RRSP”). The Company agrees to match, to the maximums set forth in Appendix B- 7.02, employee contributions to the Group RRSP for those employees who contribute an amount no less than the amount which the Company is required to contribute pursuant to Appendix B-7.02. The Company will administer payroll deductions for participating employees. Contributions will be sent to the Group RRSP by the Company on the same dates that regular payroll is paid by the Company. The Company’s contribution and the employee’s contribution will be itemized on the employee’s pay stub.

Appears in 6 contracts

Samples: Rite Food Products, Rite Food Products, Rite Food Products

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