Common use of RETIREMENT PICK-UP Clause in Contracts

RETIREMENT PICK-UP. The Employer agrees to continue the salary reduction method of reporting employee pension contributions. Commencing with the first pay of the 2010-2011 program year, employees shall be responsible for the full amount of the employee contribution, and existing wage rates shall be increased by one percent (1%) to offset the previous “pick up and payment” of that percentage by the Employer.

Appears in 5 contracts

Samples: serb.ohio.gov, serb.ohio.gov, serb.ohio.gov

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