(a) The legislative authority of the City, pursuant to present Federal and Ohio law, authorizes a tax deferral plan for State and Federal income taxes, for all full-time employees of the City not covered by collective bargaining agreements.
(b) Upon the effective date of Ordinance 22-84 for all full-time employees who so choose, the total amount of the statutorily required contribution to the Public Employees Retirement System of Ohio shall be withheld from such employees' gross pay and shall be assumed and paid by the City to the Public Employees Retirement System of Ohio.
(c) The above described pick-up by the City shall be designated as public employee contributions and shall be paid by the City in lieu of contributions to the Public Employee Retirement System of Ohio by each full-time employee covered by this section who decides to participate in this plan.
(d) No full-time employee 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 directly instead of having it picked up by the City.
(Ord. 22-84. Passed 8-28-84.)