State Teachers Retirement System. All who are required to participate in the State Teachers' Retirement System (STRS) pursuant to state law shall be covered by that plan.
State Teachers Retirement System. F. Annuities from the present list of companies in which a deduction would amount to fifty dollars ($50.00) or more per period, and for which at least five (5) teachers enroll for deductions.
State Teachers Retirement System. 5. School Income Tax
State Teachers Retirement System. The Board agrees to pick-up, utilizing the salary reduction method, contributions to the State Teachers Retirement System ("STRS") paid on behalf of bargaining unit members under the following terms and conditions:
State Teachers Retirement System. The faculty member and the District shall make contributions to the STRS in proportion to the load worked, and the faculty member shall receive proportionate service credit.
State Teachers Retirement System. The only exception to this requirement is for a teacher who has twenty (20) years of service credit {as determined in Chapter 3307.38). Said teacher shall be eligible to receive severance pay after receiving his/her benefit check from the STRS providing the teacher has been fully retired from Ohio teaching from the day of his/her last day of employment with the Otsego Board to the day he/she receives the first benefit check from STRS.
State Teachers Retirement System. The Board shall pay the employer's share of the contribution to the State Teachers’ Retirement System under the Ohio Revised Code for each teacher in the bargaining unit.
State Teachers Retirement System. (STRS) PICKUP The total annual salary of each bargaining unit member shall be payable by the Board in two (2) parts:
State Teachers Retirement System. (STRS)/Public Employees Retirement System (PERS)
State Teachers Retirement System. The Parties affirm that each will pay its/her own statutory contribution toward the Superintendent’s CalSTRS retirement. The Superintendent’s required contribution shall be made with pre-tax dollars, through payroll deductions. The contribution shall be made in the amount required by reference to the Superintendent’s base salary, without regard to any fringe benefits provided in accordance with Paragraph 6 of this Agreement.
