(C) In the case of an employee who is eligible to purchase coverage under an eligible employer - sponsored plan sponsored by the employee's employer, the required contribution is the portion of the annual premium that the employee would pay (whether
through salary reduction or otherwise) for the lowest cost self - only coverage.
Contributions are made
through salary reduction in one of two ways: either as a percentage of salary for the year, or a specific dollar amount.
In the ERPaid plan, the employer pays the entire contribution to the retirement system, with teachers contributing
through a salary reduction or in lieu of a pay increase.
Teachers in the ERPaid plan should be credited with their portion of the contribution they make
through salary reductions or other means.
Not exact matches
Schneiderman charged then that in order to make up for a $ 5,000
reduction in annual
salary he would be paid as mayor (he previously served as city clerk and treasurer), Ortt and others devised a pass -
through scheme to pay his wife for a no - show job.
While there may be other mechanisms
through which increased school spending improves student outcomes, these results suggest that the positive effects are driven, at least in part, by some combination of
reductions in class size, having more adults per student in schools, increases in instructional time, and increases in teacher
salaries that may help to attract and retain a more highly qualified teaching workforce.
The school system is planning a
salary freeze — the
reduction of 250 teaching positions
through retirement, which would result in larger class size.
Law firms big and small have responded
through aggressive cost
reductions, including lowering associate
salaries and laying off significant numbers of staff.