(A) The County Board of Commissioners desire to pay all of the 3% mandatory contributions by the employees who are members of PERF through a supplemental contribution that is separate and distinct from the employees’ current, or future, compensation. No contributions prior to January 1, 2012 shall be paid by the county.
(B) Said paid contributions, even though designated as employee contributions for state law purposes, are being paid by the County Auditor in lieu of said contributions by the employee.
(C) Said paid contributions will not be included in the gross income of the employees for tax reporting purposes, that is, for federal or state income tax withholding taxes, until distributed from PERF.
(D) Said paid contributions will be included in the gross income of the employees, for employment tax purposes, as the contributions are made to PERF.
(E) Said employees shall not be entitled to any option of choosing to receive the contributed amounts directly instead of having them paid by the County Auditor to PERF.
(Res. passed - -)