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b. With respect to local safety members, the agency shall <br />contribute the following percentages of monthly salaries <br />earned as local safety members of said Retirement System. <br />(1) 23.460 percent: an account of the liability for current <br />service benefits. <br />(2) 0.004 percent on account of the liability for the <br />1959 Survivor Program. <br />c. A reasonable amount per annum, as fixed by the Board to cover <br />the costs of administering said System as it affects the <br />employees of Public Agency, not including the costs of special <br />valuations or of the periodical investigation and valuations <br />required by law. <br />d. A reasonable amount as fixed by the Board, payable In one <br />installment as the occasions arise, to cover the costs of <br />special valuations on account of employees of Public Agency, <br />and costs of the periodical investigation and valuations <br />required by law. <br />9. Contributions required of Public Agency and its employees shall be <br />subject to adjustment by Board on account of amendments to the <br />Public Employees' Retirement Law, and on account of the experience <br />under the Retirement System as determined by the periodical <br />investigation and valuation required by said Retirement Law. <br />10. Contributions required of Public Agency and its employees shall <br />be paid by Public Agency to the Retirement System within thirty <br />days after the end of the period to which said contributions <br />refer or as may be prescribed by Board regulation. If more or <br />less than the correct: amount of contributions is paid for any <br />period, proper adjustment shall be made In connection with <br />subsequent remittances, or adjustments on account of errors <br />in contributions required of any employee may be made by <br />direct cash payments between the employee and the Board. <br />Payments by Public Agency to Board may be made in the form <br />of warrants, bank checks, bank drafts, certified checks, <br />money orders, or cash. <br />B. This amendment shall be attached to said contract and shall be effective on <br />the day of _ -AA---- 0 19 - <br />Witness our hands this <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES) RETIREMENT SYSTEM <br />BY <br />Z-ar:,I-:T.—Ble—chi-n'-g'e—r,—F,Y—ecu—tive Officer <br />Approved as to form: <br />Legal office, PERS <br />,QTY COUNCIL <br />OF THE <br />CITY OF SANTA ANA <br />BY_sidi <br />Presiding Officer <br />Attest: <br />Clerk <br />CON -702-3 <br />In <br />