Common use of TRS Contributions Clause in Contracts

TRS Contributions. The Board will pick up and pay to the Illinois Teachers' Retirement System (TRS) nine and four-tenths percent (9.4%) of the teacher’s base salary. The salary amounts shown on the salary schedule in Appendix A will represent the combination of all regular salary schedule benefits payable to each teacher and all amounts picked up and paid to the TRS by the Board with regard to the appropriate salary schedule amounts for each teacher.

TRS Contributions. The Board will pick up and pay to the Illinois Teachers' Retirement System (TRS) nine and four-tenths percent (9.49.0%) of the teacher’s base salary. The salary amounts shown on the salary schedule in Appendix A will represent the combination of all regular salary schedule benefits payable to each teacher and all amounts picked up and paid to the TRS by the Board with regard to the appropriate salary schedule amounts for each teacher.