Common use of BOARD PICKUP OF EMPLOYEE CONTRIBUTIONS TO STRS Clause in Contracts

BOARD PICKUP OF EMPLOYEE CONTRIBUTIONS TO STRS. A. For purpose of this section, the total annual salary per pay period for each bargaining unit member shall be the salary otherwise payable under this agreement and their contracts. The total annual salary and salary per pay period of each bargaining unit member shall be payable by the Board in two parts: (1) deferred salary and (2) cash salary. A bargaining unit member's deferred salary shall be equal to that percentage of said bargaining unit member's total annual salary or salary per pay period which is required from time to time by the State Teachers Retirement System (STRS) to be paid as a bargaining unit member contribution by said member and shall be paid by the Board to STRS on behalf of said members as follows: Pickup on Pickup Salary Reduction (Assume & Paid by Board) 2016-17 3% Balance of Member's Contribution and to continue thereafter

BOARD PICKUP OF EMPLOYEE CONTRIBUTIONS TO STRS. A. For purpose of this section, the total annual salary per pay period for each bargaining unit member shall be the salary otherwise payable under this agreement and their contracts. The total annual salary and salary per pay period of each bargaining unit member shall be payable by the Board in two parts: (1) deferred salary and (2) cash salary. A bargaining unit member's deferred salary shall be equal to that percentage of said bargaining unit member's total annual salary or salary per pay period which is required from time to time by the State Teachers Retirement System (STRS) to be paid as a bargaining unit member contribution by said member and shall be paid by the Board to STRS on behalf of said members as follows: Pickup on Pickup Salary Reduction (Assume & Paid by Board) 2016-17 3% Balance of Member's Contribution and to continue thereafter