Common use of SERS PICKUP Clause in Contracts

SERS PICKUP. 20.01 For purposes of this Article, total annual salary and salary per pay period for each bargaining unit member shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member shall be payable by the Board in two parts: (l) deferred salary and (2) cash salary. A member’s deferred salary shall be equal to that percentage of said member’s total annual salary or salary per pay period which is required from time to time by the School Employees Retirement System (“SERS”) to be paid as an employee contribution by said member and shall be paid by the Board to SERS on behalf of said member as a “pickup” of the SERS employee contribution otherwise payable by said member. A member’s cash salary shall be equal to said member’s total annual salary or salary per pay period less the amount of the pickup for said member and shall be payable, subject to applicable payroll deductions, to said member. The Board’s total combined expenditures for members’ total annual salaries otherwise payable under this Agreement, as amended, (including pickup amounts) and its employer contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 The Board shall compute and remit its employer contributions to SERS based upon total annual salary, including the “pickup”. The Board shall report for federal and Ohio income tax purposes as a member’s gross income said member’s total annual salary less the amount of the “pickup”. The Board shall report for municipal 20.03 The pickup shall be included in the member’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 other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay after the effective date of this Agreement.

SERS PICKUP. 20.01 33.01 For purposes of this Article, total annual salary pay and salary wages per pay period for each bargaining unit member employee shall be the salary wages otherwise payable under this Agreement, as amendedAgreement and applicable Board policies. The total annual salary pay and salary wages per pay period of each member employee shall be payable by the Board in two parts: (l1) deferred salary pay and (2) cash salarypay. A member’s An employee's deferred salary pay shall be equal to that percentage of said member’s employee's total annual salary pay or salary wages per pay period which is required from time to time by the School Employees Retirement System (“"SERS”") to be paid as an employee contribution by said member and shall be paid by the Board to SERS on behalf of said member employee as a “"pickup” " of the SERS employee contribution otherwise payable by said memberemployee. A member’s An employee's cash salary pay shall be equal to said member’s employee's total annual salary total pay or salary wages per pay period less the amount of the pickup for said member employee and shall be payable, subject to applicable payroll deductions, to said memberemployee. The Board’s 's total combined expenditures for members’ employees total annual salaries wages otherwise payable under this Agreement, as amended, Agreement and applicable Board policies (including pickup amounts) and its employer contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 33.02 The Board shall compute and remit its employer contributions to SERS based upon total annual salarypay, including the “"pickup”". The Board shall report for federal and Ohio income tax purposes as a member’s an employee's gross income said member’s employee's total annual salary pay for the year less the amount of the “"pickup”". The Board shall report for municipalmunicipal income tax purposes as an employee's gross income said employee's total pay for the year, including the amount of the pickup. The Board shall compute income tax withholding based upon gross income as reported to the respective taxing authorities. 20.03 33.03 The pickup shall be included in the member’s employee's total annual salary pay for the purpose of computing hourly rate of pay, daily rate of pay, for determining paid salary payroll adjustments to be made due to absence, or for any other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay after the effective date of this Agreement.

SERS PICKUP. 20.01 For purposes 1. The Treasurer of this Articlethe Board shall contribute to the School Employees’ Retirement System (SERS), total annual salary and salary per pay period for in addition to the Board’s required employer contribution, an amount equal to each bargaining unit member employee’s contribution in lieu of payment to such employee. The amount contributed by the Board on behalf of the employee shall be treated as mandatory wage reduction from the salary hourly wage otherwise payable under this Agreement, as amendedto such classified employee. 2. The total annual salary and salary per pay period of wage for each member employee shall be the wage otherwise payable under his/her contract. The total hourly wage shall be payable by the Board in two (2) parts: (l1) deferred salary and wage; and, (2) cash salarywage. A memberAn employee’s deferred salary wage shall be equal to that percentage of said memberemployee’s total annual salary or salary per pay period wage which is required from time to time by the School Employees Retirement System (“SERS”) SERS to be paid as an employee contribution by said member and shall be paid by the Board to SERS on behalf of said member employee as a “pickup” of the SERS employee contribution otherwise payable by said memberthe employee. A memberAn employee’s cash salary wage shall be equal to said memberemployee’s total annual salary or salary per pay period wage less the amount of the pickup “pickup” for said member employee and shall be payable, subject to applicable payroll deductions, to said memberemployee. 3. The Board’s total combined expenditures for membersemployees’ total annual salaries wages otherwise payable under this Agreement, as amended, their contracts (including pickup “pickup” amounts) and its employer employee contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 4. The Board shall compute and remit its employer contributions to SERS based upon the total annual salarywage, including the “pickup”. .” The Board shall report for federal Federal and Ohio income tax purposes as a memberan employee’s gross income said memberemployee’s total annual salary wage less the amount of the “pickup”. .” The Board shall report for municipalmunicipal income tax purposes as employee’s total annual wage said employee’s total annual wage including the amount of the “pickup.” The Board shall compute income tax withholding based upon gross income as reported to the respective tax authorities. 20.03 5. The pickup “pickup” shall be included in the memberemployee’s total annual salary wage for the purpose of computing daily rate of pay, for determining paid salary adjustments to be made due to absence, or for any other similar purposepurposes. 20.04 Should the Internal Revenue Service determine that the deferred salary would 6. The “pickup” shall be treated as current taxable income a uniform percent for federal income tax purposesall classified employees, this section will be void and inoperable. 20.05 This provision will become effective with the first pay it shall apply to all payroll payments made after the effective date of this Agreementprovision and shall not be at the individual employee’s option. 7. The provision shall be effective and the “pickup” shall apply to all payroll payments. 8. The current taxation or deferred taxation of the “pickup” is determined solely by the Internal Revenue Service (IRS), and compliance with this section does not guarantee that the tax on the “pickup” will be deferred. If the IRS or other governmental entity declares the “pickup” not to be tax deferred, this section shall be null and void and the SERS contribution procedure in place prior to the effective date of this provision shall be in effect.

SERS PICKUP. 20.01 For purposes of this Articlesection, total annual salary and salary per pay period for of each bargaining unit member employee shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member shall be payable by the Board in two parts: (l1) deferred salary and (2) cash salary. A member’s An employee's deferred salary shall be equal to that percentage of said member’s employee's total annual salary or salary per pay period which is required from time to time by the School Employees Retirement System (“SERS”S.E.R.S.) to be paid as an employee contribution by said member and shall be paid as a "pickup" of the S.E.R.S. employee contribution by the Board to SERS on behalf of said member as a “pickup” of the SERS employee contribution otherwise payable by said memberemployee. A member’s An employee's cash salary shall be equal to said member’s employee's total annual salary or salary per pay period less the amount of the pickup for said member employee and shall be payable, subject to applicable payroll deductions, to said member. employee The Board’s 's total combined expenditures for members’ employee's total annual salaries otherwise payable under this Agreement, as amended, (including pickup amounts) and its employer contributions to SERS S.E.R.S. shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 . The Board shall compute and remit its employer contributions to SERS S.E.R.S. based upon total annual salary, including the “"pickup”". The Board shall report for federal Federal and Ohio income tax purposes as a member’s an employee's gross income said member’s employee's total annual salary less the amount of the “"pickup”". The Board shall report for municipal 20.03 municipal income tax purposes as an employee's gross income said employee's total annual salary including the amount of the pickup. The pickup shall be included in the member’s employee's total annual salary for the purpose of computing daily rate of pay, pay for determining paid salary adjustments to be made due to absence, or for any other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay . The pickup shall apply to all payroll payments made after the effective date of this Agreementprovision. Should the Board's payment of deferred salary cause an individual Bargaining Unit Member's annuity contributions to exceed the IRS permissible level, any such individual shall have the right to adjust annuity deductions.

SERS PICKUP. 20.01 For purposes of this Article, total annual salary and salary per pay period for each bargaining unit member shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member shall be payable by the Board in two parts: (l) deferred salary and (2) cash salary. A member’s deferred salary shall be equal to that percentage of said member’s total annual salary or salary per pay period which is required from time to time by the School Employees Retirement System (“SERS”) to be paid as an employee contribution by said member and shall be paid by the Board to SERS on behalf of said member as a “pickup” of the SERS employee contribution otherwise payable by said member. A member’s cash salary shall be equal to said member’s total annual salary or salary per pay period less the amount of the pickup for said member and shall be payable, subject to applicable payroll deductions, to said member. The Board’s total combined expenditures for members’ total annual salaries otherwise payable under this Agreement, as amended, (including pickup amounts) and its employer contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect.on 20.02 The Board shall compute and remit its employer contributions to SERS based upon total annual salary, including the “pickup”. The Board shall report for federal and Ohio income tax purposes as a member’s gross income said member’s total annual salary less the amount of the “pickup”. The Board shall report for municipalmunicipal income tax purposes as a member’s gross income said member’s total annual salary, including the amount of the pickup. The Board shall compute income tax withholding based upon gross income as reported to the respective taxing authorities. 20.03 The pickup shall be included in the member’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 other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay after the effective date of this Agreement.

SERS PICKUP. 20.01 A. The Board agrees to pick-up the employee’s required contribution to the State Employees Retirement System (hereinafter “SERS”), utilizing the salary reduction method, at no cost to the Board. For purposes of this Articlesection, the total annual salary and salary per pay period for each bargaining unit member shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member Salary shall be payable by the Board paid in two parts: (l1) deferred salary and (2) cash salary. A member’s 's deferred salary shall be equal to that percentage the required amount of said member’s total annual salary or salary per pay period which is required from time contribution to time by the School Employees Retirement System (“SERS”) SERS to be paid as an by the employee contribution by said member and shall be paid to SERS by the Board to SERS on behalf of said member as a “pickup” of the SERS employee contribution otherwise payable by said member. B. The Board shall report for Federal and Ohio income tax purposes the employee’s gross income less the deferred salary component (pickup). A memberThe Board shall report for municipal income tax purposes the employee’s cash salary shall be equal to said member’s total annual salary or salary per pay period less gross income including the amount of the pickup for said member and deferred salary component (pickup). The Board shall be payable, subject compute income tax withholding based upon gross income as reported to applicable payroll deductions, to said member. the respective taxing authority. C. The Board’s total combined expenditures for members’ total annual salaries otherwise payable under this Agreement, as amended, Agreement (including pickup amounts) and its employer contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 The Board D. An addendum to each member’s contract currently in effect shall compute be prepared and remit its employer contributions to SERS based upon total annual salarydistributed which states (1) that the member’s contract salary is being restated as consisting of (a) a cash salary component, including the and (b) a “pickup”. The Board shall report for federal and Ohio income tax purposes as a member’s gross income said member’s total annual salary less ” component, which is equal to the amount of the employer contribution to SERS being “pickup”. The picked up” by the Board in behalf of the member; and (2) that sick leave, severance, personal leave, vacation, and overtime pay shall report for municipalbe calculated upon both the cash salary component and the pickup component of the member’s restated salary. 20.03 E. The pickup shall be included in the member’s total annual salary for the purpose of computing daily rate of pay, for determining paid salary adjustments apply to be all payroll payments made due to absence, or for any other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay after the effective date adoption of this Agreement, as amended by the addition of this Section.

SERS PICKUP. 20.01 A. For purposes of this Article, total annual salary pay and salary wages per pay period for each bargaining unit member employee shall be the salary wages otherwise payable under this Agreement, as amendedAgreement and applicable Board policies. The total annual salary pay and salary wages per pay period of each member employee shall be payable by the Board in two parts: (l1) deferred salary pay and (2) cash salarypay. A member’s An employee's deferred salary pay shall be equal to that percentage of said member’s employee's total annual salary pay or salary wages per pay period which is required from time to time by the School Employees Retirement System Systems (“"SERS”") to be paid as an employee contribution by said member and shall be paid by the Board to SERS on behalf of said member employee as a “"pickup” " of the SERS employee contribution otherwise payable by said memberemployee. A member’s An employee's cash salary pay shall be equal to said member’s employee's total annual salary total pay or salary wages per pay period less the amount of the pickup for said member employee and shall be payable, subject to applicable payroll deductions, to said memberemployee. The Board’s 's total combined expenditures for members’ employees total annual salaries wages otherwise payable under this Agreement, as amended, Agreement and applicable Board policies (including pickup amounts) and its employer contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 B. The Board shall compute and remit its employer contributions to SERS based upon total annual salarypay, including the “"pickup”. ." The Board shall report for federal and Ohio income tax purposes as a member’s an employee's gross income said member’s employees total annual salary pay for the year less the amount of the “"pickup”. ." The Board shall report for municipalmunicipal income tax purposes as an employee's gross income said employee's total pay for the year, including the amount of the pickup. The Board shall compute income tax withholding based upon gross income as reported to the respective taxing authorities. 20.03 C. The pickup shall be included in the member’s employee's total annual salary pay for the purpose of computing hourly rate of pay, daily rate of pay, for determining paid salary payroll adjustments to be made due to absence, or for any other similar purposepurposes. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay D. The pickup shall apply to all payroll payments made on or after the effective date execution of this AgreementAgreement by the parties.

SERS PICKUP. 20.01 A. The Board agrees to pick-up the employee’s required contribution to the State Employees Retirement System (hereinafter “SERS”), utilizing the salary reduction method, at no cost to the Board. For purposes of this Articlesection, the total annual salary and salary per pay period for each bargaining unit member shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member Salary shall be payable by the Board paid in two parts: (l1) deferred salary and (2) cash salary. A member’s deferred salary shall be equal to that percentage the required amount of said member’s total annual salary or salary per pay period which is required from time contribution to time by the School Employees Retirement System (“SERS”) SERS to be paid as an by the employee contribution by said member and shall be paid to SERS by the Board to SERS on behalf of said member as a “pickup” of the SERS employee contribution otherwise payable by said member. B. The Board shall report for Federal and Ohio income tax purposes the employee’s gross income less the deferred salary component (pickup). A memberThe Board shall report for municipal income tax purposes the employee’s cash salary shall be equal to said member’s total annual salary or salary per pay period less gross income including the amount of the pickup for said member and deferred salary component (pickup). The Board shall be payable, subject compute income tax withholding based upon gross income as reported to applicable payroll deductions, to said member. the respective taxing authority. C. The Board’s total combined expenditures for members’ total annual salaries otherwise payable under this Agreement, as amended, Agreement (including pickup amounts) and its employer contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 The Board D. An addendum to each member’s contract currently in effect shall compute be prepared and remit its employer contributions to SERS based upon total annual salarydistributed which states (1) that the member’s contract salary is being restated as consisting of (a) a cash salary component, including the and (b) a “pickup”. The Board shall report for federal and Ohio income tax purposes as a member’s gross income said member’s total annual salary less ” component, which is equal to the amount of the employer contribution to SERS being “pickup”. The picked up” by the Board in behalf of the member; and (2) that sick leave, severance, personal leave, vacation, and overtime pay shall report for municipalbe calculated upon both the cash salary component and the pickup component of the member’s restated salary. 20.03 E. The pickup shall be included in the member’s total annual salary for the purpose of computing daily rate of pay, for determining paid salary adjustments apply to be all payroll payments made due to absence, or for any other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay after the effective date adoption of this Agreement, as amended by the addition of this Section.

SERS PICKUP. 20.01 For purposes of this Articlesection, total annual salary and salary per pay period for of each bargaining unit member employee shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member shall be payable by the Board in two parts: (l1) deferred salary and (2) cash salary. A member’s An employee's deferred salary shall be equal to that percentage of said member’s employee's total annual salary or salary per pay period which is required from time to time by the School Employees Retirement System (“SERS”S.E.R.S.) to be paid as an employee contribution by said member and shall be paid as a "pickup" of the S.E.R.S. employee contribution by the Board to SERS on behalf of said member as a “pickup” of the SERS employee contribution otherwise payable by said memberemployee. A member’s An employee's cash salary shall be equal to said member’s employee's total annual salary or salary per pay period less the amount of the pickup for said member employee and shall be payable, subject to applicable payroll deductions, to said member. employee The Board’s 's total combined expenditures for members’ employee's total annual salaries otherwise payable under this Agreement, as amended, (including pickup amounts) and its employer contributions to SERS S.E.R.S. shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 . The Board shall compute and remit its employer contributions to SERS S.E.R.S. based upon total annual salary, including the “"pickup”". The Board shall report for federal Federal and Ohio income tax purposes as a member’s an employee's gross income said member’s employee's total annual salary less the amount of the “"pickup”". The Board shall report for municipal 20.03 municipal income tax purposes as an employee's gross income said employee's total annual salary including the amount of the pickup. The pickup shall be included in the member’s employee's total annual salary for the purpose of computing daily rate of pay, pay for determining paid salary adjustments to be made due to absence, or for any other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay . The pickup shall apply to all payroll payments made after the effective date of this Agreement.provision. Should the Board's payment of deferred salary cause an individual Bargaining Unit Member's annuity contributions to exceed the IRS permissible level, any such individual shall have the right to adjust annuity deductions. Grievance No. NAME OF GRIEVANT Date of Filing Building Assignment Date of Event Giving Rise to Grievance Section(s) of Agreement Allegedly Violated (The Statement must address each of the specific provisions of the Agreement allegedly violated – statement of the nature of the alleged violation including all relevant facts) Statement of Grievance: Relief Sought: Date Signature of Grievant Grievance No. Date Disposition Received at Step II Reason for Appeal to Step II Date Signature of Grievant Name: Job Title: Assignment: _ Contract Status: Administrator: School Year: Performance on each factor listed below will be evaluated: 1. Ability to work well with others 2. Acceptance of change/flexibility 3. Attendance/punctuality

SERS PICKUP. 20.01 For purposes of this Article, total annual salary and salary per pay period for each bargaining unit member shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member shall be payable by the Board in two parts: (l) deferred salary and (2) cash salary. A member’s deferred salary shall be equal to that percentage of said member’s total annual salary or salary per pay period which is required from time to time by the School Employees Retirement System (“SERS”) to be paid as an employee contribution by said member and shall be paid by the Board to SERS on behalf of said member as a “pickup” of the SERS employee contribution otherwise payable by said member. A member’s cash salary shall be equal to said member’s total annual salary or salary per pay period less the amount of the pickup for said member and shall be payable, subject to applicable payroll deductions, to said member. The Board’s total combined expenditures for members’ total annual salaries otherwise payable under this Agreement, as amended, (including pickup amounts) and its employer contributions to SERS shall not be greater than the amounts it would have paid for those items had this provision not been in effect. 20.02 The Board shall compute and remit its employer contributions to SERS based upon total annual salary, including the “pickup”. The Board shall report for federal and Ohio income tax purposes as a member’s gross income said member’s total annual salary less the amount of the “pickup”. The Board shall report for municipalmunicipal income tax purposes as a member’s gross income said member’s total annual salary, including the amount of the pickup. The Board shall compute income tax withholding based upon gross income as reported to the respective taxing authorities. 20.03 The pickup shall be included in the member’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 other similar purpose. 20.04 Should the Internal Revenue Service determine that the deferred salary would be treated as current taxable income for federal income tax purposes, this section will be void and inoperable. 20.05 This provision will become effective with the first pay after the effective date of this Agreement.