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

BOARD PICKUP OF EMPLOYEE CONTRIBUTIONS TO STRS. A. For purposes of this Article, total annual salary per pay period for each bargaining unit member shall be the salary otherwise payable under this Agreement and applicable Board policies. The total annual salary and salary per pay period of each member shall be payable by the Board in two parts: (1) deferred salary and (2) cash salary. A member's deferred salary shall be equal to that percentage of said 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 member contribution by said member and shall be paid by the Board to STRS on behalf of said member as a "pickup" of the STRS member contribution otherwise payable by said member.