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b. With respect to local safety members, the agency shal1 contribute <br />the following percentages of monthly salaries earned as local <br />safety members of said Retirement: System.- <br />(1) <br />ystem: <br />(1) 0.017 percent until June 70, 2000 on account of the <br />liability for prior service benefits. <br />(2) 28.174 percent on account of the liability for current <br />service benefits. <br />C. A reasonable amount per annum, as fixed by the Board to cover the <br />coats of administering said System as it affects the employees of <br />Public Agency, not including the costs of special valuations or <br />Of the periodic inve=stigation and valuations required by law. <br />d. A reasonable amount as fixed by the Board, payable in one install- <br />ment .as the occasions arise, to cover the costs of special valua- <br />tions on account of Employees of Public. Agency, and costs of the <br />periodic investigation and valuations required by law. <br />10. 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, end 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 />11. Contributions required of Public Agency and its employees shall be <br />paid by Public Agency to the Retirement System within thirty days <br />after the end of the period to which said contributions refer or as <br />may be prescribed by Board regulation. Tf more or less then the cor- <br />rect amount of contributions is paid for, any period, proper adjustment <br />shall be made=, in connection with subsequent remittances, or adjust- <br />ments on account of errors in contributions required of any employee <br />may be made by direct cash payments between the employee and the <br />Board. Payments by Public. Agency to 'board may be made in the form of <br />warrants, bank checks, bank drafts, certified checks, money orders or <br />cash. <br />B. This amendment shall be attached to said contract and shall be effective on <br />the 1st p day of October 19 8% <br />Witness our hands the _01A � day of f , 116. <br />BOARD OF ADMINISTRATION CITY COUNCIL <br />PUBLIC PAIPLOYEPS' RET PUMENT `iYSTPM OF THE <br />CITY OF SANTA ANA <br />By B1.4 a 4' 7 <br />Car T. ginger, Qycutive officer residi _ Officer <br />Approved as to form: , <br />Attest; <br />lark <br />PERS COAT -702 <br />