(a) The pick-up by the Village is, and shall be designated as, public employee contributions and shall be in lieu of contributions as to the Public Employees Retirement System of Ohio and the Police and Fireman’s Disability and Pension Fund by each person within any of the classes established in subsection (b) hereof. No person subject to this “pick- up” shall have the option of choosing to receive the statutorily required contributions to the Public Employees Retirement System of Ohio and the Police and Fireman’s Disability and Pension Fund directly instead of having it “picked up” by the Village or being excluded for the “pick up”.
The Village shall, in reporting and making remittance to the Public Employees Retirement System of Ohio and the Police and Fireman’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 the statute.
(b) The “pick-up” by the Village provided by this section shall apply to all persons that are employees of the Village who are or become contributing members of the Public Employees Retirement System of Ohio and the Police and Fireman’s Disability and Pension Fund, excluding elected officials.
(c) The Village’s method of payment of salary to employees who are participants in Public Employees Retirement System of Ohio and the Police and Fireman’s Disability and Pension Fund is hereby modified as follows in order to provide for a fringe benefit pick-up of employee contribution to Public Employees Retirement System of Ohio and the Police and Fireman’s Disability and Pension Fund.
(d) The total salary for each employee shall be the salary payable under the Village policies. As a fringe benefit to each employee, the Village will pick-up the full amount of the statutorily required contribution. Under the Fringe Benefit Method the final average salary is not increased by the amount of the pick-up contributions.
(Ord. 35-94. Passed 12-20-94.)