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113 <br /> <br />10. <br /> <br />Public Agency shall also contribute to smd Retirement System as follows: <br /> <br />Public Agency shall comribute $2.00 per member, per month on accoum of the <br />liability for the 1959 Survivor Benefits provided under Section 21382.4 of said <br />Retirement Law. (Subject to annual change.) In addition, all assets and <br />liabilities of Public Agency and its employees shall be pooled in a single account, <br />based on term insurance rates, for survivors of all local miscellaneous members <br />and local safety members. <br /> <br />A reasonable amount, as fixed by the Board, payable in one installment within <br />60 days of date of contract to cover the costs of administering said System as it <br />affects the employees of Public Agency, not including the costs of special <br />valuations or of the periodic investigation and valuations required by law. <br /> <br />A reasonable amount, as fixed by the Board, payable in one installment as the <br />occasions arise, to cover the costs of special valuations on account of employees <br />of Public Agency, and costs of the periodic investigation and valuations required <br />by law. <br /> <br />11. <br /> <br />Contributions required of Public Agency and its employees shall be subject to adjustmem <br />by Board on account of amendments to the Public Employees' Retirement Law, and on <br />account of the experience under the Retirement System as determined by the periodic <br />investigation and valuation required by said Retirement Law. <br /> <br />12. <br /> <br />Contributions required of Public Agency and its employees shall be paid by Public <br />Agency to the Retirement System within fifteen days after the end of the period to which <br />said contributions refer or as may be prescribed by Board regulation. If more or less <br />than the correct amount of contributions is paid for any period, proper adjustment shall <br />be made in connection with subsequent remittances. Adjustments on account of errors <br />in contributions required of any employee may be made by direct payments between the <br />employee and the Board. <br /> <br />B. This amendment shall be effective on the <br /> <br />day of ,19__ <br /> <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> <br />CHIEF(&~FUARY <br />ACTUAI~. FFICE <br />PUBLIC EMB~EES' RETIREMENT SYSTEM <br /> <br />AMENDMENT <br /> <br />PERS-CON-702A (Rev. 3/95) <br /> <br />CITY COUNCIL <br />OF THE <br />CITY OF SANTA ANA <br /> <br />BY <br /> Presiding <br /> <br /> Witness Date <br /> <br />Attest: <br /> <br />Clerk <br /> <br /> <br />