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.
Appears in 2 contracts
Samples: Employment Agreement, City of Ashland
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. Dated this of , 2006. Xxxxxxx Xxxxxxxxxxx, City Recorder Xxxx Xxxxxxxx, Mayor Accepted this day of February 2007.
Appears in 1 contract
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. Dated this of , 2007. Xxxxxxx Xxxxxxxxxxx, City Recorder Xxxx Xxxxxxxx, Mayor Accepted this day of November 2007.
Appears in 1 contract
Samples: City of Ashland
