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073 <br /> <br />lO, <br /> <br />11, <br /> <br />12. <br /> <br />Public Age. ney ~lmll also contrlbulc lo said Reliremen! ~ysten~ aS follows: <br /> <br />A reasonable amoum, as fixed by file Board, payable in one inslalhnent within <br />60 days of date of comract m cover the costs of administering said Systom as it <br />affects d~ employees of Public A~ency, not incIudin~o, th~ cosL~ of special <br />va/uadous or of thc p~dodic Investigation and \,aluutions re§uh'e~ by law. <br /> <br />b <br /> <br />A reasonable amount, as fixed by the Board, payable in one installment as the <br />occasions arise, to cover the costs of ~pt~cial valuations on account of ~mployees <br />of Public Agency, and costs of the periodic investigation and valuations requlreA <br />by law. <br /> <br />Coiitributions rcquire, d of Public Agency and its employees shall be subject to adjustment <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 requireA by said Retirement Law~ <br /> <br />Contributions required of Public Agency and its employees shall be paid by Public <br />Agency tn the Retirement System within fifteen days after the end of the period Io wtiich <br />said contributions refer or as may be prescribed hy Board regulation. If more or less <br />dian the correct amount of contrihutkms is paid for any period, proper adjustment shall <br />be madc in connection with subsequent remittances. Adjustmcms on account of errors <br />ill contrih!~tions required of any employee may be made by direct paymems between the <br />employee and the Board, <br /> <br />B. This amendment shall be effective on the __ ~day of <br /> <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPI.OYEE$' RETIREMENT SYSTEM <br /> <br />CHIEF, C--'~-~-~' SERVICES DIVISION <br />P!,IBI.IC EMI'LOYEE.S' RETIREMENT SYSTI~M <br /> <br /> % <br /> <br />CITY COUNCIL <br />OF THE <br />CITY OF SANTA ANA <br />BY ~ <br /> <br />Atlest: <br /> <br />Clerk <br /> <br />Presiding t~t~ficer <br /> <br /> <br />