STRS PICKUP. The Board herewith agrees to pickup (assume and pay) contributions to the State Teachers Retirement System on behalf of the teachers on the following terms and conditions: 1. The amount to be picked up and paid on behalf of each teacher shall equal the amount he/she is required to STRS to pay into his/her account. The teacher’s annual compensation shall be reduced by an amount equal to the amount picked up and paid by the Board. 2. The pickup percentage shall apply uniformly to all members of the bargaining unit.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
