STRS Automatic Pickup Procedure Sample Clauses

STRS Automatic Pickup Procedure. In accordance with S.T.R.S. Bulletin to Employers dated December 1983 and identified as Vol. 1, No. 2A, the Board will establish a procedure for the automatic pick-up of the certificated employee’s portion of the Retirement System contribution through the salary reduction/reinstatement method. Effective with the first full payroll period following ratification of this Agreement, the Board will not deduct federal or state taxes on the amount of the employee’s contribution to the S.T.R.S., with appropriate notation made on the W-2 forms. This procedure shall be applied uniformly to all teachers. Severance pay, supplemental salaries and index and all other matters shall be based on the published salary schedule.
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