Common use of Limit of Deferred Salary Clause in Contracts

Limit of Deferred Salary. The Board’s total combined expenditures for employees’ total annual salaries otherwise payable under their contracts (including “pickup” amounts) and its employer contributions to STRS shall not be greater than the amounts it would have paid for those items had this provision not been in effect.

Appears in 4 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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