Common use of STRS Sers Pick Up Clause in Contracts

STRS Sers Pick Up. 011 In addition to the required employer contribution to State Teachers Retirement System (STRS) or State Employees Retirement System (SERS), the Board will as a condition of employment continue to contribute an amount equal to each employee's contribution in lieu of payment to such employee. Such amount contributed by the Board to STRS/SERS on behalf of the employee shall be treated as a mandatory salary reduction otherwise payable to the employee.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement