Common use of Public Employee Retirement System (PERS Clause in Contracts

Public Employee Retirement System (PERS. 1. The District increased all wages by six percent (6.0%) in 2020-2021 and no longer contributes the six percent (6%) PERS “pickup” of each bargaining unit member as defined by ORS Chapter 238 and 238A to the public employee retirement plan. 2. Employees shall assume and pay the six percent (6%) employee contribution/payment required by ORS 238A to PERS. The District shall follow IRS codes to allow a pre-tax deduction of the six percent (6%) employee contribution/payment.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Public Employee Retirement System (PERS. 1. The District increased will increase all wages by six percent (6.0%) % in 20202021-2021 2022 and no longer contributes contribute the six percent (6%) PERS "pickup" of each bargaining unit member as defined by ORS Chapter 238 and 238A to the public employee retirement plan. 2. Employees shall assume and pay the six percent (6%) employee contribution/payment required by ORS 238A to PERS. The District shall follow IRS codes to allow a pre-tax deduction of the six percent (6%) employee contribution/payment.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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