Common use of STRS Salary Reduction Pick-Up Clause in Contracts

STRS Salary Reduction Pick-Up. The Board of Education agrees to pick-up contributions to the State Teachers Retirement System an amount equal to each certificated employee’s contribution to STRS in lieu of payment to such employee, and that such amount contributed by the Board on behalf of the certificated employee shall be treated as a mandatory salary reduction for the contract salary otherwise payable to such certificated employee.

Appears in 9 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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STRS Salary Reduction Pick-Up. Effective September 1, 1984, the The Board of Education agrees to pick-up contributions to the State Teachers Teachers’ Retirement System an amount equal to each certificated employee’s contribution to STRS in lieu of payment to such employee, and that such amount contributed by the Board on behalf of the certificated employee shall be treated as a mandatory salary reduction for the contract salary otherwise payable to such certificated employee.

Appears in 1 contract

Samples: Master Contract

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