STRS Contribution Sample Clauses

STRS Contribution. Unit members on shared assignments will contribute to the State Teachers Retirement System and will receive prorated credit for years of service toward retirement. The District will continue its contributions according to STRS requirements for part--time participants.
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STRS Contribution. A. The Association and Board agree that the Board shall contribute to the State Teachers’ Retirement System (STRS) in addition to the Board’s required employee contribution an amount equal to the employee’s contribution to the STRS in lieu of payment of said amount to each employee, and that such amount contributed by the Board on behalf of the employee shall be treated as a mandatory salary reduction from the contracted salary or hourly rate otherwise payable to each employee.

Related to STRS Contribution

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

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