Common use of TRS CONTRIBUTION Clause in Contracts

TRS CONTRIBUTION. The Professional Educators’ salaries noted on the salary schedule shall be inclusive of TRS contributions, but the Board’s total contribution shall be limited to 9% (creditable earnings add-on factor for a 9% contribution total 1.098901, per the TRS Employer Manual) for the total contribution percentage for the employer and employee portions. Any employee contributions required by TRS that exceed this percentage must be paid for by the Teacher.

TRS CONTRIBUTION. The Professional Educatorsteachers’ salaries noted on the salary schedule shall be inclusive of TRS contributions, but the Board’s total contribution shall be limited to 99.4% (creditable earnings add-on factor for a 99.4% contribution total 1.0989011.103753, per the TRS Employer Manual) for the total contribution percentage for the employer and employee portions. Any employee contributions required by TRS that exceed this percentage must be paid for by the Teacher.