Common use of OPSRP Employer Contribution Clause in Contracts

OPSRP Employer Contribution. 31 The County shall “pick up” the employee contribution to OPSRP as permitted by 32 ORS 238A.335(1). Should for any reason the ORS 238A.335(1) “employer pick-up” no 33 longer be legally available the County shall on the last payroll period of this Agreement 1 increase employee wages by six percent (6%) and return to the limited “pick up” provided for 2 prior to September 1, 1998, including but not limited to the terms of compensation for non- 3 OPSRP members. Pursuant to ORS 238A.335(2)(a) and (3), the parties agree and 4 acknowledge that employee compensation was reduced in order to generate the funds 5 needed to make these employee contributions to the employee accounts; the employer will 6 file any required notices with the Public Employees Retirement Board. 7

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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OPSRP Employer Contribution. 31 The County shall “pick up” the employee contribution to OPSRP as permitted by 32 ORS 238A.335(1). Should for any reason the ORS 238A.335(1) “employer pick-up” no 33 longer be legally available the County shall on the last payroll period of this Agreement 1 increase employee wages by six percent (6%) and return to the limited “pick up” provided for 2 prior to September 1, 1998, including but not limited to the terms of compensation for non- 3 OPSRP members. Pursuant to ORS 238A.335(2)(a) and (3), the parties agree and 4 acknowledge that employee compensation was reduced in order to generate the funds 5 needed to make these employee contributions to the employee accounts; the employer will 6 file any required notices with the Public Employees Retirement Board. 7.

Appears in 1 contract

Samples: Collective Bargaining Agreement

OPSRP Employer Contribution. 31 30 The County shall “pick up” the employee contribution to OPSRP as permitted 31 by 32 ORS 238A.335(1). Should for any reason the ORS 238A.335(1) “employer pick-up” 1 no 33 longer be legally available the County shall on the last payroll period of this 2 Agreement 1 increase employee wages by six percent (6%) and return to the limited 3 “pick up” provided for 2 prior to September 1, 1998, including but not limited to the terms 4 of compensation for non- 3 non-OPSRP members. Pursuant to ORS 238A.335(2)(a) and (3), 5 the parties agree and 4 acknowledge that employee compensation was reduced in order 6 to generate the funds 5 needed to make these employee contributions to the employee 7 accounts; the employer will 6 file any required notices with the Public Employees Retirement Board. 7Employees

Appears in 1 contract

Samples: Collective Bargaining Agreement

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OPSRP Employer Contribution. 31 The County shall “pick up” the employee contribution to OPSRP as permitted by 32 ORS 238A.335(1). Should for any reason the ORS 238A.335(1) “employer pick-up” no 33 longer be legally available the County shall on the last payroll period of this Agreement 1 increase employee wages by six percent (6%) and return to the limited “pick up” provided for 2 prior to September 1, 1998, including but not limited to the terms of compensation for non- 3 non-OPSRP members. Pursuant to ORS 238A.335(2)(a) and (3), the parties agree and 4 acknowledge that employee compensation was reduced in order to generate the funds 5 needed to make these employee contributions to the employee accounts; the employer will 6 file any required notices with the Public Employees Retirement Board. 7.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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