Common use of STRS Sers Pick Up Clause in Contracts

STRS Sers Pick Up. 101 The Treasurer of the Board shall contribute to the State Teachers' Retirement System (STRS) or State Employees Retirement System (SERS), whichever is appropriate, in addition to the Board's required member contribution, an amount equal to each member’s contribution in lieu of payment to such member. The amount contributed by the Board on behalf of the member shall be treated as a mandatory salary reduction from the salary otherwise payable to such certified member.

STRS Sers Pick Up. 101 The Treasurer of the Board shall contribute to the State Teachers' Retirement System (STRS) or State Employees Retirement System (SERS), whichever is appropriate, in addition to the Board's required member contribution, an amount equal to each member’s 's contribution in lieu of payment to such member. The amount contributed by the Board on behalf of the member shall be treated as a mandatory salary reduction from the salary otherwise payable to such certified member.