Common use of PERS Pick-up Clause in Contracts

PERS Pick-up. The County shall "pickup" employee contribution to PERS as provided by ORS 238.205. Should any reason the ORS 238.205 “employer pick-up” no longer be legally available the County shall on the last payroll period of this Agreement increase employee wages by six percent (6%) and return to the limited “pick up” provided for prior to the resumption of PERS pick-up in 1999, including but not limited to the terms of compensation for non-PERS members. Pursuant to ORS 238.205 (5) and (6), the parties agree and acknowledge that employee compensation was reduced in order to generate the funds needed to make these employee contributions to the employee accounts; the employer will file any required notices with the Public Employees Retirement Board.

Appears in 2 contracts

Samples: Article 16, Article 16

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PERS Pick-up. The County shall "pickup" “pick up” the employee contribution to PERS as provided permitted by ORS 238.205. Should for any reason the ORS 238.205 “employer pick-up” no longer be legally available the County shall on the last payroll period of this Agreement increase employee wages by six percent (6%) and return to the limited “pick up” provided for prior to the resumption of PERS pick-up in 1999September 1, 1998, including but not limited to the terms of compensation for non-PERS OPSRP members. Pursuant to ORS 238.205 (5238.205(5) and (6), the parties agree and acknowledge that employee compensation was reduced in order to generate the funds needed to make these employee contributions to the employee accounts; the employer will file any required notices with the Public Employees Retirement Board.

Appears in 1 contract

Samples: Oregon And

PERS Pick-up. The County shall "pickup" “pick up” the employee contribution to PERS as provided permitted by ORS 238.205. Should for any reason the ORS 238.205 “employer pick-up” no longer be legally available the County shall on the last payroll period of this Agreement increase employee wages by six percent (6%) and return to the limited “pick up” provided for prior to the resumption of PERS pick-up in 1999September 1, 1998, including but not limited to the terms of compensation for non-PERS OPSRP members. Pursuant to ORS 238.205 (5238.205(5) and (6), the parties agree and acknowledge that employee compensation was reduced in order to generate the funds needed to make these employee contributions to the employee accounts; the employer will file any required notices with the Public Employees Retirement Board.

Appears in 1 contract

Samples: Multnomah County Employees

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PERS Pick-up. The County shall "pickup" “pick up” the employee contribution to PERS as provided permitted by ORS 238.205. Should for any reason the ORS 238.205 “employer pick-up” no longer be legally available the County shall on the last payroll period of this Agreement increase employee wages by six percent (6%) and return to the limited “pick up” provided for prior to the resumption of PERS pick-up in 1999September 1, 1998, including but not limited to the terms of compensation for non-PERS members. Pursuant to ORS 238.205 (5238.205(5) and (6), the parties agree and acknowledge that employee compensation was reduced in order to generate the funds needed to make these employee contributions to the employee accounts; the employer will file any required notices with the Public Employees Retirement Board.

Appears in 1 contract

Samples: Last Chance Agreement

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