Common use of Retirement Trust Fund Clause in Contracts

Retirement Trust Fund. The employer in consultation with the employee involved will agree to add the hourly contribution amount to a combination of the employee’s wages and SHP and VP, or will deposit the hourly contribution amount to the employee’s individual RRSP.

Retirement Trust Fund. The employer Employer in consultation with the employee Employee involved will agree to add the hourly contribution amount to a combination of the employeeEmployee’s wages and SHP and VP, or will deposit the hourly contribution amount to the employeeEmployee’s individual RRSP.