Common use of STRS PICKUP Clause in Contracts

STRS PICKUP. 6.01.3.1 On behalf of each teacher who is a member of the State Teachers Retirement System, the Board shall pick up the contributions required to be made to STRS by each teacher pursuant to O.R.C. 3307.51 but subject to the following terms and conditions: 6.01.3.2 For each teacher, the amount to be picked up by the Board shall be equal to but shall not exceed the amount such teacher would otherwise have been required to contribute pursuant to 0.R.C. 3307.51. 6.01.3.3 The amount each teacher would otherwise have been required to contribute shall be computed utilizing, for each teacher, the salary index and, where applicable, the supplemental salary schedule. 6.01.3.4 The amount of salary due each teacher pursuant to the salary index and/or supplemental salary schedule shall be reduced in an amount equal to the STRS contribution pick-up made by the Board on behalf of such teacher. 6.01.3.5 No teacher covered by this provision shall be permitted to waive STRS pickup by the Board.

STRS PICKUP. 6.01.3.1 On behalf of each teacher who is a member of the State Teachers Retirement System, the Board shall pick up the contributions required to be made to STRS by each teacher pursuant to O.R.C. 0.R.C. 3307.51 but subject to the following terms and conditions: 6.01.3.2 6.01.3.1 For each teacher, the amount to be picked up by the Board shall be equal to but shall not exceed the amount such teacher would otherwise have been required to contribute pursuant to 0.R.C. 3307.51. 6.01.3.3 6.01.3.2 The amount each teacher would otherwise have been required to contribute shall be computed utilizing, for each teacher, the salary index and, where applicable, the supplemental salary schedule. 6.01.3.4 6.01.3.3 The amount of salary due each teacher pursuant to the salary index and/or supplemental salary schedule shall be reduced in an amount equal to the STRS contribution pick-up made by the Board on behalf of such teacher. 6.01.3.5 6.01.3.4 No teacher covered by this provision shall be permitted to waive STRS pickup by the Board.