Employer Pickup
Individual employers may choose to “pickup” employee retirement
contributions as a means of deferring federal and state income taxes
on these amounts.
The authority for employer pickup is the Internal Revenue Code. There
are no Ohio laws or any State Teachers Retirement Board Rules governing
this program.
To begin an employer pickup plan, complete the notification form below and return it to STRS
Ohio with a copy of the board resolution authorizing the plan. A sample resolution is also available for your reference.
Notification for Employer Pickup of
Employee Contributions
Sample Board Resolution