(A) The village shall pay each full-time employee's contribution to the Ohio Public Employees Retirement System (PERS) required by R.C. § 145.47 and the Ohio Police and Fire Pension Fund (PFPF) required by R.C. § 742.31 for each such full-time employee of the village.
(B) Effective January 1, 2004, 100% of the statutorily required contributions to the PERS shall be picked up and paid as a fringe benefit of the village for the elected Mayor and the elected Clerk/Treasurer.
(C) The contribution paid pursuant to division (A) of this section, although designated as employee contributions, are being paid by the village in lieu of contributions by the employees.
(D) The contributions will be included in the gross income of the employees, for employment tax purposes, as the contributions are made to the Ohio Police and Fire Pension Fund.
(E) The contributions will not be included in the gross income of the employees for tax reporting purposed, that is, for federal or state income tax withholding taxes, until distributed from the Ohio Police and Fire Pension Funds.
(F) Each employee affected by this section shall not have the option of choosing to receive the contributed amounts directly instead of having them paid by the village to the pension plan.
(G) In regard to any full-time employees hired after June 1, 2001, the village will not pay that employee’s contribution to the Ohio Public Employees Retirement System (PERS) required by R.C. § 145.47 and/or the Ohio Police and Fire Pension Fund (PFPF) required by R.C. § 742.31. The employee contribution to PERS and PFPF for all employees hired after June 1, 2001 will be deducted from the employee’s salary pursuant to Ohio law.
(Ord. 506, passed 3-9-89; Am. Ord. 511, passed 6-8-89; Am. Ord. 2001-O-31, passed 6-28-01; Am. Ord. 2003-O-23, passed - -; Am. Ord. 2004-O-5, passed 5-13-04)