(a) Effective the first pay period after the passage of this section, the full amount of the statutorily required contributions to the Public Employees Retirement System of Ohio (PERS) and the Police and Firemen's Disability and Pension Fund (PFDPF) shall be withheld from the gross pay of each person within any of the classes established in subsection (b) hereof and shall be "picked-up" (assumed and paid to PERS and PFDPF) by the City. This pick-up by the City is, and shall be designated as, employee contributions and shall be in lieu of contributions to PERS and PFDPF 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 contribution to PERS and PFDPF 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 PERS and PFDPF, 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 provided by this section shall apply to all persons who are employees of the City and who are or become contributing members of the PERS and PFDPF over whom the City has the authority to unilaterally make decisions concerning salaries wages.
(c) The City's method of payment of salary wages to employees who are participants in the PERS and PFDPF is hereby modified as follows, in order to provide for a salary reduction pick-up of employee contributions to the PERS and PFDPF. The total salary/wages for each employee shall be the salary/wages otherwise payable under the City's policies. Such total salary/wages of each employee shall be payable by the City in two parts: (1) deferred salary/wages and (2) cash salary/wages. An employee's deferred salary/wages shall be equal to that percentage of that employee's total salary/wages which is required from time to time by the PERS and PFDPF to be paid as an employee contribution by the employee, and shall be paid by the City to the PERS and PFDPF on behalf of that employee as a pick-up and in lieu of the PERS and PFDPF employee contribution otherwise payable by that employee. An employee's cash salary/wages shall be equal to the employee's total salary/wages, less the amount of the pick-up for that employee, and shall be payable, subject to applicable payroll deductions, to that employee. The City shall compute and remit its employer contributions to the PERS and PFDPF based upon an employee's total salary/wages. The total combined expenditures of the City for such employers' total salary/wages, payable under applicable City policies, and the pick-up provisions of this section, shall not be greater than the amounts it would have paid for those items had this provision not been in effect.
(d) The Director of Finance is hereby authorized and directed to implement the provisions of this section to institute the pick-up of the statutorily required contributions to the PERS and PFDPF for those persons reflected in subsection (b) hereof so as to enable them to obtain the result in Federal and State tax deferments and other benefits.
(Ord. 95-30. Passed 6-6-95; Ord. 2011-09. Passed 3-15-11.)