PERS/OPSRP. The County will maintain membership in the Public Employees Retirement System (PERS) and the Oregon Public Service Retirement Plan (OPSRP). The County will contribute six percent (6%) of eligible employees’ wages to the employee’s Individual Account Program (IAP). The employee shall have no option to receive the amount withheld and contribute directly instead of having it paid by the County to the IAP. Subject to the provisions of Oregon law, the County will participate in the sick leave conversion program under PERS.
PERS/OPSRP. The City agrees to maintain its membership in the State of Oregon Public Employees Retirement System (PERS)/Oregon Public Service Retirement Plan (OPSRP). The City shall “pick-up”, assume and pay a six percent (6%) average employee contribution to the Public Employees Retirement Fund and the Oregon Public Service Retirement Plan for the employee members then participating in the Public Employees Retirement System. Such “pick-up” or payment of employee member contributions to the system shall continue for the life of this agreement and shall also be applicable to employees who first begin to participate in the system on and after July 1, 1980, to the termination of this agreement. The full amount of required employee contributions “picked-up” or paid by the City on behalf of employees pursuant to this agreement shall be considered as “salary” within the meaning of ORS 238.005 (21) or ORS 238A.005 (16), as appropriate, for the purposes of computing an employee member's “final average salary” within the meaning of ORS 238.005 (8) or ORS 238A.130, as appropriate, but shall not be considered as “salary” for the purposes of determining the amount of employee contributions required to be contributed pursuant to ORS 238.200 or ORS 238A.330, as appropriate. Such “picked-up” or paid employee contributions shall be credited to employee accounts pursuant to ORS 238.200 (2) or ORS 238A335, as appropriate, and shall be considered to be employee contributions for the purposes of ORS 238.200 or ORS 238A330, as appropriate.
27.6.1 City employees under Multnomah County Retirement System will receive in lieu of the PERS “pick-up” a six percent (6%) contribution by the City of Portland into its Deferred Compensation Program.
PERS/OPSRP. The City agrees to maintain its membership in the State of Oregon Public Employees Retirement System (PERS)/Oregon Public Service Retirement Plan (OPSRP). The City shall “pick-up”, assume and pay a six percent (6%) average employee contribution to the Public Employees Retirement Fund and the Oregon Public Service Retirement Plan for the employee members then participating in the Public Employees Retirement System. Such “pick-up” or payment of employee member contributions to the system shall continue for the life of this agreement and shall also be applicable to employees who first begin to participate in the system on and after July 1, 1980, to the termination of this agreement.
PERS/OPSRP. 1. The College shall withhold from members’ monthly salaries the employee contributions/payments required by the Public Employee Retirement System (PERS) and/or Oregon Public Service Retirement Plan (OPSRP).
2. For all employees continuously employed prior to November 1, 1994, the College shall “pick-up” the six percent (6%) employee contribution for members participating in PERS. Such “picked-up” or paid employee contributions shall be credited to employee accounts and shall be considered to be employee contributions for purpose of applicable law.
PERS/OPSRP. 16.6.1 The District shall be relieved of any obligation to otherwise pick-up, assume, or pay the six percent (6%) employee contribution/payment required by ORS 238.200 and ORS 238A.330.
16.6.2 The District agrees to adopt a School Board resolution to make an election under IRS Codes to allow a pre-tax deduction of the six percent (6%) employee contribution/ payment required by ORS 238.200 and ORS 238A.330. Such deduction shall be made from each employee’s pre-tax gross wages.
PERS/OPSRP. Employees shall assume and pay the six percent (6%) employee contribution/ payment required by ORS 238A.330 to PERS/OPSRP. The District shall follow IRS codes to allow a pre-tax deduction of the six percent (6%) employee contribution/ payment required by ORS 238.200. Such deduction shall be made from each employee’s pre-tax gross wages.
PERS/OPSRP. Employer Pick-Up of Employee Contributions to the Public Employees Retirement System (PERS): For the term of this Agreement, the District shall “pick up”, assume and pay a six percent (6%) average employee contribution to the Public Employees Retirement Fund for the employee members then participating in the Public Employees Retirement System. Such pick-up or payment of employee member monthly contributions to the system shall continue for the life of this Agreement.
PERS/OPSRP. Participation in the Public Employees Retirement System or Oregon Public Service Retirement Plan (OPSRP) will be provided pursuant to Oregon PERS/OPSRP regulations.
PERS/OPSRP. The Employer agrees to maintain its membership in the state of Oregon Public Employees Retirement System (PERS) and/or the Oregon Public Service Retirement Plan (OPSRP). The Employer shall pay a six percent (6%) average employee contribution to the employee’s Individual Account Program (IAP) for the employee members then participating in the IAP. Such payment of employee member contributions to the IAP shall continue for the life of this Agreement.
PERS/OPSRP. The Oregon Public Employees Retirement System (PERS) and/or the Oregon Public Service Retirement Plan (OPSRP) shall be the retirement system for the employees.
