What are some of the Employer obligations for participation in the Concordia Retirement Savings Plan?
Some of the employer obligations are: • inform your full-time workers of their eligibility to participate; • timely enroll each of your workers who choose to become a member, ensuring your workers may start to save as soon as feasible; • promptly notify Concordia Plan Services of (i) a termination of employment, (ii) granting and termination of leaves of absence, (iii) the commencement and termination of periods of disability, and (iv) other facts or events that may be relevant in the operation of the Plan; • promptly distribute or communicate to the workers any notice or other communication from Concordia Plan Services pertaining to the Plan or its operation that is indicated for the worker’s attention.
Related Questions
- What form do I have to complete in order to enroll in (or to make a change to) the Concordia Retirement Savings Plan (CRSP) 403(b)?
- What are some of the Employer obligations for participation in the Concordia Retirement Savings Plan?
- What is the employer matching contribution for the Canadian Registered Retirement Savings Plan (RRSP)?
