(a) Subject to the ruling and approval by the Internal Revenue Services, effective 12:01 a.m. January 1, 1987, the statutorily required employee contribution of eight and five- tenths percent (8.5%) to the Public Employees Retirement System shall be withheld from the gross pay of each person who is a water works operator, Community Development Director, Income Tax Commissioner of the City; and a ten percent (10%) pick up to the Ohio Police and Fire Pension Fund for the Police Chief and shall be “picked up” (assumed and paid) by the City. These pick ups are and shall be designated as public employee contributions and shall be in lieu of contributions to the Public Employees Retirement System and the Ohio Police and Fire Pension Fund for each such person or employee so covered.
(1) No person subject to this “pick up” shall have option of choosing to receive the statutorily required contribution instead of having it “picked up” by the City or of being excluded from the “pick up”.
(2) The City and the Finance Director shall, in reporting and making remittance to the Public Employees Retirement System and the Ohio Police and Fire Pension Fund, report that the public employees’ contribution for each person subject to this “pick up” shall be made by the City in lieu of contributions to the retirement systems by each such person and that such contributions are designated as public employee contributions.
(3) The “pick up” benefit shall not be available for employees filling these positions after January 1, 1990 with the exception of the Police Chief position. (Ord. 20-2000. Passed 8-21-00.)
(b) Subject to the ruling and approval by the Internal Revenue Service and acceptance by PERS, effective 12:01 a.m., the statutorily required employee contribution of eight and five-tenths percent (8.5%) to the PERS shall be withheld from the gross pay of each person covered by the AFSCME collective bargaining agreement who is a full-time public works employee of the City of Wyoming by means of a salary reduction plan and shall be “picked up” (assumed and paid) by the City. This pickup is and shall be designated as public employee contributions and shall be in lieu of contributions to PERS by each such person or employee.
(1) No person subject to this “pick up” shall have the option of choosing not to participate in the salary reduction plan or to receive the statutorily required contribution instead of having it “picked up” by the City or of being excluded from the “pick up”;
(2) The City and the Finance Director shall, in reporting and making remittance to PERS, report that the public employee’s contribution for each person subject to their “pick up” has been made by the City in lieu of contributions to the retirement system by each such person and that such contributions are designated as public employee contributions.
(Ord. 4-1989. Passed 2-21-89.)
(3) The benefits provided to the enumerated employees under Section 155.04(a) shall not be available for future employees filling those positions after January 1, 1990.
(Ord. 11-2000. Passed 6-19-00.)
(Ord. 11-2000. Passed 6-19-00.)