Common use of Alternative Retirement Program (ARP) Clause in Contracts

Alternative Retirement Program (ARP). For full-time bargaining unit members electing to enroll in an ARP, the University shall reduce their salary by the applicable OPERS rates. The University shall also contribute a designated amount to the ARP as well as a mandatory contribution to OPERS in compliance with OPERS rates.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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Alternative Retirement Program (ARP). For full-time bargaining unit members electing to enroll in an ARP, the University shall reduce their salary by and the applicable OPERS rates. The University shall also contribute a designated amount employee will make contributions to the ARP as well as a mandatory contribution to OPERS in compliance accordance with OPERS ratesapplicable laws and regulations.

Appears in 3 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

Alternative Retirement Program (ARP). For full-time bargaining unit members electing to enroll in an ARP, the University shall will reduce their the bargaining unit member’s salary by the applicable OPERS rates. The University shall also amount of the bargaining unit member’s contribution to the ARP and will then contribute a designated that amount to the ARP as well as a mandatory contribution to OPERS in compliance with OPERS rateson their behalf.

Appears in 2 contracts

Samples: ysuace.ohea.us, cms.ysu.edu

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Alternative Retirement Program (ARP). For full-time bargaining unit members electing to enroll in an ARP, the University shall reduce their salary by the applicable OPERS rates. The University shall also contribute a designated amount to the ARP as well as a mandatory contribution to OPERS in compliance with OPERS ratesratesand the employee will make contributions to the ARP in accordance with applicable laws and regulations.

Appears in 1 contract

Samples: Article 1 Agreement

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