Common use of PERS Clause in Contracts

PERS. 1. The District shall continue to pay, as permitted by ORS 237.075, the six percent (6%) unit member contribution to the Public Employee Retirement System for the unit members then participating in the Public Employee Retirement System. Such payment of unit member monthly contributions to the System shall continue for the life of this Agreement. Payment of the unit member contribution shall, also, be applicable to unit members who first began to participate in the System on, and after, September 1, 1979. 2. The full amount of required unit member contributions paid by the District on behalf of unit members shall be considered as “salary,” within the meaning of ORS 237.003 (8), for the purpose of computing a unit member’s “final average salary,” within the meaning of ORS 237.003 (12), but shall not be considered as “salary” for the purposes of determining the amount of unit member contribution required to be contributed pursuant to ORS 237.071. Such paid unit member contributions shall be credited to unit member accounts, pursuant to ORS 237.071 (2) and shall be considered to be unit member contributions for the purposes of ORS 237.001 to 237.320.

PERS. 1. The District shall continue to pay, as permitted by ORS 237.075, the six percent (6%) unit member contribution to the Public Employee Retirement System for the unit members then participating in the Public Employee Retirement System. Such payment of unit member monthly contributions to the System shall continue for the life of this Agreement. Payment of the unit member contribution shall, also, be applicable to unit members who first began to participate in the System on, and after, September 1, 1979. 2. The full amount of required unit member contributions paid by the District on behalf of unit members shall be considered as “salary,” ”, within the meaning of ORS 237.003 (8), for the purpose of computing a unit member’s “final average salary,” ”, within the meaning of ORS 237.003 (12), but shall not be considered as “salary” for the purposes of determining the amount of unit member contribution required to be contributed pursuant to ORS 237.071. Such paid unit member contributions shall be credited to unit member accounts, pursuant to ORS 237.071 (2) and shall be considered to be unit member contributions for the purposes of ORS 237.001 to 237.320.

PERS. 1. The District shall continue to pay, as permitted by ORS 237.075283.205, the six percent (6%) unit member contribution to the Public Employee Retirement System for the unit members then participating in the Public Employee Retirement System. Such payment of unit member monthly contributions to the System shall continue for the life of this Agreement. Payment of the unit member contribution shall, also, be applicable to unit members who first began to participate in the System on, and after, September 1, 1979. 2. The full amount of required unit member contributions paid by the District on behalf of unit members shall be considered as “salary,” ”, within the meaning of ORS 237.003 238.005 (8)26), for the purpose of computing a unit member’s “final average salary,” ”, within the meaning of ORS 237.003 238.005 (129), but shall not be considered as “salary” for the purposes of determining the amount of unit member contribution required to be contributed pursuant to ORS 237.071238.200. Such paid unit member contributions shall be credited to unit member accounts, pursuant to ORS 237.071 (2) 238.200 and shall be considered to be unit member contributions for the purposes of ORS 237.001 to 237.320Chapter 238.