(a) All full or part-time employees of Orange Village who are contributing members of the Public Employees Retirement System of Ohio (PERS) may purchase additional service credit, tax-deferred, and Orange Village shall withhold the required service credit deduction from the gross pay of each person who elects to do so and shall pick up (assume and pay) such deduction to PERS. A person electing this pick up deduction shall not have the option of choosing to receive the payroll deduction directly instead of having this deduction picked up by Orange Village. Members who have elected to participate in this plan cannot increase, decrease, or terminate the amount of the pick up deduction.
(b) The Treasurer of Orange Village is hereby authorized and directed to implement the provisions of this ordinance to effect the pick up of the payroll deduction for the purchase of additional service credit to PERS for those persons choosing to participate in the program established in subsection (a) hereof.
(Ord. 1999-62. Passed 12-1-99.)