KELSEY TEACHERS' ASSOCIATION

EFFECTIVE PERIOD: 2014/07/01 - 2018/06/30 (EXPIRED)

ARTICLE 7 - GROUP RRSP

The Board will administer a group RRSP fund to which all employees of Kelsey School Division may belong.

Save and except for the deduction and remittance of contributions on a timely basis, and the express responsibilities set out in this article, the Association acknowledges and agrees that the Board neither has nor assumes any responsibility whatsoever with respect to any aspect of this Group RRSP Plan sponsored by the Kelsey Teachers’ Association.

The Association shall indemnify and save harmless the Division from any and all losses, costs, liabilities or expenses suffered or sustained by the Division as a result of any claim or legal action arising from the deduction of contributions or exercise of other responsibilities with respect to the Group RRSP Plan.