(a) Subject to the provisions of subsection (b) hereof, the full amount of the statutorily required contribution to the Public Employees Retirement System of Ohio or the Police and Fireman's Disability and Pension Fund shall be withheld from the gross pay of each person within the class established in subsection (b) hereof and shall be "picked up" (assumed and paid to the Public Employees Retirement System of Ohio or the Police and Firemen's Disability and Pension Fund) by the City of Moraine. This "pick up" by the City is, and shall be designated as, public employee contributions and shall be in lieu of contributions to the Public Employee Retirement System of Ohio or the Police and Firemen's Disability and Pension Fund by each person within the class established in subsection (b) hereof. No person subject to this "pick up" shall have the option of choosing to receive the statutorily required contribution to the Public Employees Retirement System of Ohio or the Police and Firemen's Disability and Pension Fund directly instead of having it "picked up" by the City or of being excluded from the "pick up". The City shall, in reporting and making remittance to the Public Employees Retirement System of Ohio or the Police and Firemen's Disability and Pension Fund, report that the public employee's contribution for each person subject to this "pick up" has been made as provided by statute.
(b) The "pick up" by the City of Moraine as provided by this section shall apply to all persons in the following class, to wit: all full and part-time employees of the City of Moraine who are contributing members of the Public Employees Retirement System of Ohio or the Police and Firemen's Disability and Pension Funds as authorized by law.
(c) The gross wage or salary of any person subject to the "pick up" provided by this section shall not change as a result of this "pick up".
(d) The Finance Director is hereby directed to implement the provisions of this section to effect the "pick up" of the statutorily required contributions to the Public Employees Retirement System of Ohio or Police and Firemen's Disability and Pension Funds for those persons within the class established in subsection (b) hereof so as to enable them to obtain the resulting federal and state tax deferments.
(Ord. 823-88. Passed 6-9-88.)