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<br />-' * * COP Y * * * <br /> <br /> <br />d. A reasonable amount, as fixed by the Board, payable in one in- <br />stallment as the occasions arise, to cover the costs of special <br />valuations on account of employees of Public Agency, and costs of <br />the periodic investigation and valuations required by law. <br /> <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, and 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 /> <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. If more or less than the <br />correct amount of contributions is paid for any period, proper <br />adjustment shall be made in connection with subsequent remittances. <br />Adjustments on account of errors in contributions required of any <br />employee may be made by direct payments between the employee and the <br />Board. <br /> <br />B. This amendment shall be effective on the day of <br />,19 . <br />~- <br />BOARD OF ADMINISTRATION ~ CITY COUNCIL <br />PUBLIC EMPLOYEES' RETIREMENT~~EM OF THE ~. <br />$3 , CITY OF REDWOOD CITY~ <br />,",~ & <br /> <br />BY ~'\:J~ BY ~4:- <br />ASSISTANT EX~~~ E OFFICER Presldlng O~ r <br />PUBLIC EMPL~S' RETIREMENT SYSTEM ~ <br />~O (,,'- <br />~ v ~.., <br />T~\::.J-S ~ Wi t~ Date <br /> <br />~st: <br />~ <br />,~~ <br />Clerk <br /> <br />PERS-CON-702 (AMENDMENT) <br />(Rev. 6/88) <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />I 987 <br />