Laserfiche WebLink
<br />12. <br /> <br />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 periodic <br />investigation and valuation required by said Retirement Law. <br /> <br />13. <br /> <br />Contributions required of Public Agency and its employees shall be <br />paid by Public Agency to the Retirement System within fifteen days <br />after the end of the period to which said contributions refer or as may <br />be prescribed by Board regulation. If more or less than the correct <br />amount of contributions is paid for any period, proper adjustment shall <br />be made in connection with subsequent remittances. Adjustments on <br />account of errors in contributions required of any employee may be <br />made by direct payments between the employee and the Board. <br /> <br />B. This amendment shall be effective on the <br /> <br />BOARD OF ADMINISTRATIQ~ <br />PUBLIC EMPLOYEES' Rt\~ENT SYSTEM <br /> <br />~~ <br />BY ~~~ <br />~~~IL~~~ gE~~ ~Sl ON <br />PUB~~PLOYEES' RETIREMENT SYSTEM <br />~~~ <br />({'v~~ <br /> <br />day of <br /> <br />6.2A <br />Page 8 <br /> <br />~~ESIDING OFFICER (j~" <br /> ~~~ <br />~~~~ <br />~\\:>~ <br />~\ <br />Witn!~tt? <br />~~: <br /> <br />AMENDMENT ER# 8 <br />PERS-CON-702A (Rev. 10\05) <br /> <br />CITY COUNCIL <br />CITY OF REDWOOD CITY <br /> <br />Clerk <br /> <br />.-. .'- -.-.- . <br />