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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 to 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 period, 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 />B. This amendment shall be effective on the / _ day of c/ 0200 7. <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />BY <br />LORI MCGARTLAND, CHIEF <br />EMPLOYER SERVICES DIVISION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />AMENDMENT ER# 0137 <br />PERS-CON-702A (Rev. 10\05) <br />COUNCILCITY <br />CITY OF <br />By <br />� �V G % <br />Witness Date <br />Attes <br />Clerk <br />