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. <br /> <br />Thils amendment shall be effective on the <br /> <br />day of <br /> <br />,---' <br /> <br />BOARD OF ADMINISTRATION---\ <br />PUBLIC EMPLOYEES' ~,~W~ENT SYSTEM <br />u',:"J ~ ' <br />~\'I <br />;"...1'\ ' <br />BY I."~(,\' <br />LORI MC~ND, CHIEF <br />EMPLO:y~~ERVICES DIVISION <br />PUBLI~~PLOYEES' RETIREMENT SYSTEM <br />'<:J '.) <br /> <br />CITY COUNCIL <br />CITY OF REDWOOD CITY <br /> <br />BY <br />PRESIDING OFFICER <br /> <br />.. ,:. " <br /> <br /> <br />,. <br />" , \ <br />", c' ,~\,,:S~ <br />("\ \-) <br />WitneJ~~~'~ <br />¡,.y .J <br />o, '\v\J~{~' <br />'< \.-~ <br /> <br />Clerk <br /> <br />AMENDMENT ER# 8 <br />PERS-CON-702A (Rev. 10\05) <br />