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