STRS PICKUP. 6.01.3.1 On behalf of each teacher who is a member of the State Teachers Retirement System, the Board shall pick up the contributions required to be made to STRS by each teacher pursuant to O.R.C. 3307.51 but subject to the following terms and conditions:
STRS PICKUP a. The Board shall assume and pay, or pickup, the mandatory employee contribution to STRS required for all STRS participants, subject to the provisions of this Section, in lieu of payment of those contributions by said members.
STRS PICKUP. The Board shall designate each employee's mandatory contributions to the State Teacher's Retirement System of Ohio, made after the effective date hereof, for the 1985-86 and subsequent school years, as picked up by the Board as contemplated by Internal Revenue Service Revenue Rulings 77-462 and 81-36, although they shall continue to be designated as employee contributions as permitted by the Attorney General Opinion 82-097, in order that the amount of the employee's income reported by the Board as subject to federal and Ohio income tax shall be the employee's total gross income reduced by the then-current percentage amount of the employee's mandatory State Teacher's Retirement contribution which has been designated as picked up by the Board, shall be included in computing final average salary, provided that no employee's total salary is increased by such pick up, nor is the Board's total contribution to the State Teacher's Retirement System of Ohio increased thereby.
STRS PICKUP. Effective upon ratification by the Union and approval by the Board, the Board shall designate each employee's mandatory contributions to the School Teachers Retirement System of Ohio as "picked up" by the Board as contemplated by Internal Revenue Service Revenue Rulings 77-462 and 81-36, although they shall continue to be designated as employee contributions as permitted by Attorney General Opinion 82-097, in order that the amount of the employee's income reported by the Board as subject to federal and Ohio income tax shall be the employee's total gross income reduced by then-current percentage amount of the employee's mandatory School Teachers Retirement System of Ohio contribution which has been designated as "picked up" by the Board, and that the amount designated as "picked up" by the Board shall be included in computing final average salary, provided that no employee's total salary is increased by such "pick up", nor is the Board's total contribution to the School Teachers Retirement System of Ohio increased thereby.
STRS PICKUP. For purposes of this Article, total annual salary and salary per pay period for each bargaining unit member shall be the salary otherwise payable under this Agreement, as amended. The total annual salary and salary per pay period of each member shall be payable by the Board in two parts: (1) deferred salary and (2) cash salary. A member’s deferred salary shall be equal to that percentage of said member’s total annual salary or salary per pay period which is required from time to time by the State Teachers Retirement System (STRS) to be paid as an employee contribution by said member and shall be paid by the Board to STRS on behalf of said member as a “pick-up” of the STRS employee contribution otherwise payable by said member. A member’s cash salary shall be equal to said member’s total annual salary or salary per pay period less the amount of the pickup for said member and shall be payable, subject to applicable payroll deductions, to said member. The Board’s total combined expenditures for members’ total annual salaries otherwise payable under this Agreement, as amended, (including pickup amounts) and its employer contributions to STRS shall not be greater than the amounts it would have paid for those items had this provision not been in effect.
STRS PICKUP. The Board shall contribute to STRS, in addition to the Board's required contribution, an amount equal to each certificated employee's contribution to STRS in lieu of payment to such employee, and that such amount contributed by the Board on behalf of the certificated employee shall be treated as a mandatory salary reduction from the contract salary otherwise payable to such certificated employee. The treasurer shall prepare and distribute an addendum to each certificated employee's contract which will state (1) that the employee's contract salary is being restated as consisting of (a) a cash salary component and (b) a pickup component, which is equal to the amount of the employee contribution being picked up by the Board on behalf of the employee; (2) that the Board will contribute to STRS an amount equal to the employee's required contribution to STRS for the account of each certificated employee; and (3) that sick leave, severance, vacation, supplemental, and extended service pay and insurance benefits which are indexed to or otherwise determinable by reference to the employee's rate of pay, shall be calculated upon both the cash salary component and pickup component of the employee's restated salary. Subsequent contracts and salary notices of certificated employees will conform to this provision.
STRS PICKUP. A. In accordance with Internal Revenue Service Rulings 77-462, 81-35 and 81-36, the Association and the Board agree the Board shall pick up each teacher’s mandatory contributions to the State Teachers Retirement System of Ohio (STRS), provided that no teacher’s total is increased by such pickup nor is the Board’s total contribution to STRS increased thereby. The dollar amount to be “picked up” by the Board:
STRS PICKUP. The Board herewith agrees to pickup (assume and pay) contributions to the State Teachers Retirement System on behalf of the teachers on the following terms and conditions:
STRS PICKUP. The Board will continue its STRS program for bargaining unit member contributions to STRS.
STRS PICKUP. All employee contributions to the State Teachers Retirement System, if any, will be picked-up by the Board on behalf of each employee in the bargaining unit on the following terms and conditions:
