Resolution 2492_1946_August 26 - Laserfiche WebLink

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'- ....." or less fl'e.quent ir.stalhlCnts as BO:ird shall require, for a period of 25 years, on account of the liability for benefits baned on service rendered to Pllblio Agency prior to the effective date hereof. b. 9.937 per cent of total sf~aries p~id by Public Agency each month iT.l its enployees who are members of said Retire- lIleut System, provided that only Spll11')' earned as members of sll.id System shall be included in said total salaries, aJld the 8rJployees who are [;lembers of said System shall in- elude employees v;ho become members l;!?On the effeotive date hereof and employees who recome meTI~er8 thereafter. c. A renso'Ce.ble amount per Hanum, as fixed by Board, payable in equal monthly or less frequent ir.stallments, as Board shall re~~ire, to cover the costs of administering said Syster:l 8,9 it affects the enployees of Public Agency, not ~nC.Luu.u~6 , ... .1.... __ ....._..A-.:~....._ __ ...c ..\..._ --.,.,_.."..:1",_ I.oll~ UU~wt:) U.J. oy!..-v.&.G.Io. ,,~""''''''c....''''''''''''''''~ v_ .....- ............. l!---~""'- cal investigation am val112tion rec,uired by lAW, provided that said amount chnll be deterr:l:.:.,,,l 0,. the basis of' the number of employ~es of Public Agc~cy .~o are memo0rs on July 1st of the respective fiscal yeara, or ~ith respect to the first year of partioipation, on the effective date of sa:.d participation. d. A reasonable amount as fixed by the Board, payable in one installment from time to time as the occasions arise, to cover the costs of special valuations on account of em- ~loyees of Public Agency, and the costs of the periodical investiGation into the experience under said Retirement 5.