PERS Pick-up. 10 The County shall "pick-up" employee contribution to PERS as provided 11 by ORS 238.205. Should any reason the ORS 238.205 “employer pick-up” no longer 12 be legally available the County shall on the last payroll period of this Agreement 13 increase employee wages by six percent (6%) and return to the limited “pick up” 14 provided for prior to the resumption of PERS pick-up in 1999, including but not limited 15 to the terms of compensation for non-PERS members. Pursuant to ORS 238.205 (5) 16 and (6), the parties agree and acknowledge that employee compensation was 17 reduced in order to generate the funds needed to make these employee contributions 18 to the employee accounts; the employer will file any required notices with the Public
PERS Pick-up. The District will continue to pick-up the 6% employee portion of the Public Employees' Retirement System contributions during the duration of this agreement.
PERS Pick-up. Section 1. Public Employee Retirement System (“PERS”) Members.
PERS Pick-up. The District will pay the six percent (6%) employee contribution to PERS. (CEA Proposal 2-08-24) Add 403(b) Matching: The District will match up to $50 per month for any employee who contributes to a 403(b) program.
PERS Pick-up. Employee contributions to the Public Employees' Retirement system (PERS) shall be "picked up" by the City. Employee shall not have the option of receiving money designated for retirement contributions and directly making the contribution to PERS. Employee's reported salary for tax purposes shall be reduced by the amount of the employee's contribution to PERS.
PERS Pick-up. The County shall "pickup" employee contribution to PERS as provided by ORS 238.205. Should any reason the ORS 238.205 “employer pick-up” no longer be legally available the County shall on the last payroll period of this Agreement increase employee wages by six percent (6%) and return to the limited “pick up” provided for prior to the resumption of PERS pick-up in 1999, including but not limited to the terms of compensation for non-PERS members. Pursuant to ORS 238.205 (5) and (6), the parties agree and acknowledge that employee compensation was reduced in order to generate the funds needed to make these employee contributions to the employee accounts; the employer will file any required notices with the Public Employees Retirement Board.
PERS Pick-up. 1. The total annual salary and salary per pay period for each employee shall be the salary otherwise payable under Article XIX, A., of this Agreement. Such total annual salary and salary per pay period of each employee shall be payable by the Board in two parts: (a) deferred salary and (b) cash salary. An employee's deferred salary shall be equal to that percentage of said employee's total annual salary or salary per pay period which is required from time to time by PERS to be paid as an employee contribution by said employee and shall be paid by the Board to ERS on behalf of said employee as a pick-up and in lieu of the PERS employee contribution otherwise payable by said employee. An employee's cash salary shall be equal to said employee's total annual salary or salary per pay period less the amount of the pick-up for said employee and shall be payable, subject to applicable payroll deductions, to said employee. The Board shall compute and remit its employer contributions to PERS based upon an employee's total annual salary or salary per pay period, including the aforesaid pick-up. The Board's total combined expenditures for an employee's total salary otherwise payable under this Agreement (including the pick-up amounts) and its employer contributions to PERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect.
2. The pick-up shall be included in the employee's total annual salary for the purpose of computing daily rate of pay, for determining paid salary adjustments to be made due to absence, or for any similar purpose.
3. Any pick-up by the Board of an employee's contributions to PERS shall be mandatory for all employees who are members of the bargaining unit and PERS. No such member shall have the option of choosing to receive the contributed amounts directly instead of having them paid by the Board of PERS.
4. The Board shall fulfill its income tax reporting and withholding responsibilities for each employee in such a manner as is required by applicable federal, state, and local laws and regulations as they may exist at the time of such reporting and withholding, it being the Board's understanding that federal and Ohio income tax laws and regulations presently require it to report as an employee's gross income his total annual salary less the amount of the pick-up while applicable municipal income tax laws require it to report as an employee's gross income his total annual salary including th...
PERS Pick-up. The College shall participate in the State of Oregon Public Employees Retirement System and shall pay the employee's contribution for PERS eligible employees according to applicable State Law.
PERS Pick-up. 1. Effective August of 2017, bargaining unit employees shall pay pre-taxed, the PERS or OPSRP 6% employee portion, and the District shall increase wages by 6% on the 2017-2018 wage schedule to reflect the change to the PERS/OPSRP pick-up.
PERS Pick-up. Effective the first full pay period in January 2014, the Authority will not pick up any of the sworn employees’ PERS contributions. Sworn employees’ will be contributing 9.0% toward the cost of PERS. Effective the first full pay period July 2015, sworn employees will pay an additional 1.0% towards the employers cost of PERS for a combined employee and employer contribution of 10%. Effective the first full pay period in July 2016, sworn employees will pay an additional 1.0% towards the employers cost of PERS for a combined employee and employer contribution of 11.0%. Effective the first full pay period in July 2017, sworn employees will pay an additional 1.0% towards the employers cost of PERS for a combined employee and employer contribution of 12.0%. Effective the first full pay period in January 2014, non-sworn employees will contribute an additional 4.0% of the miscellaneous employees PERS contribution. The total non-sworn employees’ PERS contribution will be 11.5%. All Sworn and Non-Sworn retirement contributions made to PERS shall be made in accordance with IRSC 414(h)(2).
