Common use of Public Employees' Retirement Fund or State Pension Clause in Contracts

Public Employees' Retirement Fund or State Pension. Eligibility of an employee shall be determined by the rules and regulations of the Public Employees' Retirement Fund of the State of Indiana. Effective January 1, 1993, the Board shall pay directly to the Public Employees' Retirement Fund each employee's three percent (3%) contribution to the fund.

Appears in 2 contracts

Samples: Agreement With Transportation Employees, Agreement With Transportation Employees

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Public Employees' Retirement Fund or State Pension. Eligibility of an employee shall be determined by the rules and regulations of the Public Employees' Retirement Fund of the State of Indiana. Effective January 1, 1993, the Board shall pay directly to the Public Employees' Retirement Fund each employee's three percent (3%) contribution to the fund. In addition the School City of Xxxxxxx shall contribute on behalf of each eligible employee the amount required by the Public Employees' Retirement Fund of the State of Indiana.

Appears in 2 contracts

Samples: Agreement, Agreement

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