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.

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

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.