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Co <br /> <br />A reasonable amount, as fLxed by the Board, payable in one <br />installment as the occasions adse, to cover the costs of special <br />valuationsOn account of employees of Public Agency, and costs of <br />the pedodic 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 pedodic 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 fifteen days after the <br /> end of the period 'fo 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 effectiv~the __ day of , <br /> BOARD OF ADMINIS.T, RATION ,,~ CITY COUNCIL <br />PUBLIC EMPLOYEES RETIRE~[:~HT SYSTEM CITY OF SANTA ANA <br />BY C,~"~,.('~x'~c'~'''~'' BY <br />· KENNETH W. MARZIg~J~"~HIEF PRESIDING OF~F.~\' <br />ACTUARIAL & EMp~ER SERVICES DIVISION <br />PUBLIC EMPLO~E~' RETIREMENT SYSTEM <br /> <br /> vw~s Date <br /> <br />Attest: <br /> <br />Clerk <br /> <br />AMENDMENT <br />PERS-CON-702A (Rev. 8~g6) <br /> <br /> <br />