157.08 PENSION PICK-UP PLAN.

   Council hereby authorizes and directs the Law Director to secure approval from P.E.R.S. and the Police and Firemen’s Disability and Pension Fund Board to implement a salary reduction pick-up plan for the exempt and non-exempt full-time employees of the City. The plan is to begin in January, 1988, and is mandatory for all exempt and nonexempt full-time employees who do not have the option of choosing to receive the amounts directly instead of having them paid by the employer to the pension plan. The contributions will be paid by the employer, City of Independence, even though the contributions are designated as employee contributions. (Ord. 1987-75. Passed 12-8-87.)