Common use of Board Payment to Retirement System (SURS) Clause in Contracts

Board Payment to Retirement System (SURS). The Board shall deduct from the salary of each eligible employee a sum equal to the required retirement contribution, each pay period, to be paid to the Illinois State Universities Retirement System, for the retirement account of such employee.

Appears in 6 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Agreement

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Board Payment to Retirement System (SURS). β€Œ The Board shall deduct from the salary of each eligible employee a sum equal to the required retirement contribution, each pay period, to be paid to the Illinois State Universities Retirement System, for the retirement account of such employee.

Appears in 1 contract

Samples: Agreement

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