Common use of Wage Scales Clause in Contracts

Wage Scales. The City agrees to maintain its membership in the State of Oregon Public Employees Retirement System (PERS)/Oregon Public Service Retirement (OPSRP). The City shall continue to “pick up,” assume and pay a six percent (6%) average employee contribution to the Public Employees Retirement System (PERS)/Oregon Public Service Retirement (OPSRP) for the employee members participating in the Public Employees Retirement System (PERS)/Oregon Public Service Retirement (OPSRP). Such “pick up” or payment of employee member contributions to the system shall continue for the life of this Agreement. 22.5.1 The full amount of required employee contributions “picked up” or paid by the City on behalf of employees pursuant to this Agreement shall be considered as “salary” within the meaning of ORS 237.003(8) for the purposes of computing an employee member’s “final average salary” within the meaning of ORS 238.005 (20) and ORS 238A.005 (16), as appropriate, but shall not be considered as “salary” for the purposes of determining the amount of employee contributions required to be contributed pursuant to ORS 238.200 or 238A.330, as appropriate. Such “picked up” or paid employee contributions shall be credited to employee accounts pursuant to ORS 238.200(2) or 238A.335, as appropriate, and shall be considered to be employee contributions for the purposes of ORS 238.200 or 238A.330 as appropriate.

Wage Scales. The City agrees to maintain its membership in the State of Oregon Public Employees Retirement System (PERS)/Oregon Public Service Retirement (OPSRP). The City shall continue to “pick up,” assume and pay a six percent (6%) average employee contribution to the Public Employees Retirement System (PERS)/Oregon 66 Public Service Retirement (OPSRP) for the employee members participating in the Public Employees Retirement System (PERS)/Oregon Public Service Retirement (OPSRP). Such “pick up” or payment of employee member contributions to the system shall continue for the life of this Agreement. 22.5.1 The full amount of required employee contributions “picked up” or paid by the City on behalf of employees pursuant to this Agreement shall be considered as “salary” within the meaning of ORS 237.003(8) for the purposes of computing an employee member’s “final average salary” within the meaning of ORS 238.005 (20) and ORS 238A.005 (16), as appropriate, but shall not be considered as “salary” for the purposes of determining the amount of employee contributions required to be contributed pursuant to ORS 238.200 or 238A.330, as appropriate. Such “picked up” or paid employee contributions shall be credited to employee accounts pursuant to ORS 238.200(2) or 238A.335, as appropriate, and shall be considered to be employee contributions for the purposes of ORS 238.200 or 238A.330 as appropriate.

Wage Scales. The City agrees to maintain its membership in the State of Oregon Public Employees Retirement System (PERS)/Oregon Public Service Retirement (OPSRP). The City shall continue to “pick up,” assume and pay a six percent (6%) average employee contribution to the Public Employees Retirement System (PERS)/Oregon Public Service Retirement (OPSRP) for the employee members participating in the Public Employees Retirement System (PERS)/Oregon PERS/Oregon Public Service Retirement (OPSRP). Such “pick up” or payment of employee member contributions to the system shall continue for the life of this Agreement. 22.5.1 The full amount of required employee contributions “picked up” or paid by the City on behalf of employees pursuant to this Agreement shall be considered as “salary” within the meaning of ORS 237.003(8) for the purposes of computing an employee member’s “final average salary” within the meaning of ORS 238.005 (20) and ORS 238A.005 (16), as appropriate, but shall not be considered as “salary” for the purposes of determining the amount of employee contributions required to be contributed pursuant to ORS 238.200 or 238A.330, as appropriate. Such “picked up” or paid employee contributions shall be credited to employee accounts pursuant to ORS 238.200(2) or 238A.335, as appropriate, and shall be considered to be employee contributions for the purposes of ORS 238.200 or 238A.330 as appropriate.