Teachers commencing employment with the Education Authority shall be required to participate in the Education Authority's Registered Pension Plan effective the first day of hire. The rate of contributions shall be six percent (6%) from the teacher and six percent (6 %) from the Education Authority, effective January 1, 2002. The 1998 – 2000 Agreement, Clause 14.0 Pension Plan, shall remain in effect until the end of this contract.
The teacher’s portion of the Pension Plan contribution shall be vested immediately upon employment of the teacher, effective April 1, 1989.