Common use of Retirement System Clause in Contracts

Retirement System. All faculty members shall participate in the State Teachers Retirement System (STRS) or the Public Employees Retirement System (PERS) pursuant to applicable rules and regulations of the STRS or PERS. A faculty member shall have deducted from his or her payroll warrant that percent of eligible wages specified by STRS or PERS for employee contributions. The District shall pay that percent of eligible wages specified by STRS or PERS for the employers.

Appears in 5 contracts

Samples: Sidebar Agreement, www.solano.edu, web.solano.edu

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Retirement System. All faculty members shall participate in the State Teachers Retirement System (STRS) or the Public Employees Retirement System (PERS) pursuant to applicable rules and regulations of the STRS or PERS. A faculty member shall have deducted from his or his/her payroll warrant that percent of eligible wages specified by STRS or PERS for employee contributions. The District shall pay that percent of eligible wages specified by STRS or PERS for the employersemployer’s contribution.

Appears in 3 contracts

Samples: solano.edu, www.dol.gov, www.solano.edu

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