Common use of Board Contributions Clause in Contracts

Board Contributions. The Treasurer of the Board shall contribute to the State Teachers’ Retirement System (STRS), in addition to the Board’s required employer contribution, an amount equal to each employee’s contribution in lieu of payment to such employee. The amount contributed by the Board on behalf of the employee shall be treated as a mandatory salary reduction from the contract salary otherwise payable to such certified employees.

Appears in 4 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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