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A reasonable amount, as fixed by the Board, payable in one <br />installment as the occasions arise, to cover the costs of special <br />valuations.bn account of employees of Public Agency, and costs of <br />the periodic investigation and valuations required by law. <br /> <br />11. <br /> <br />Contributions required of Public Agency and its employees shall be <br />Subject to adjustment by Board on account of amendments to the Public <br />Employees' Retirement Law, and on account of the experience under the <br />Retirement System as determined by the periodic investigation and <br />valuation required by said Retirement Law. <br /> <br /> 12. Contributions' required of Public Agency and its employees shall be paid <br /> by Public Agency to the Retirement System within f~teen days after the <br /> end of the period to which said contributions refer or as may be prescribed <br /> by Board regulation. If more or less than the correct amount of <br /> contributions is paid for any pedod, proper adjustment shall be made in <br /> connection with subsequent remittances. Adjustments on account of <br /> errors in contributions required of any employee may be made by direct <br /> payments between the employee and the Board. <br /> <br />B. This amendment shall be effecti.v~eg.,,,xe,~"'~the day of __,. <br />BOARD OF ADMINISTRATION ,,~--4~~' CITY COUNCIE . <br />PUBLIC EMPLOYEES' RETIRE,I~NT SYSTEM CITY OF SANTA ANA <br /> <br />ACTUARIAL & EMP.[13;;~ER SERVICES DIVISION <br />PUBLIC EMPLO_Y,.E~'¢ RETIREMENT SYSTEM <br /> <br /> Wi~s Date <br /> <br />Attest: <br /> <br />Clerk <br /> <br />AMENDMENT <br />PERS-CON-702A ( Re .v...8~96) <br /> <br /> <br />