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� d. A reasonable amount, as fixed by the Board, payable in one <br /> � installment 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 /> 15. 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 /> 16. 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 /> + <br /> B. This amendment shall be effective on the l� of �C�o�oer , O I I. <br /> BOARD OF ADMINISTRATION CITY COUNCIL <br /> PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF REDVVOOD CITY <br /> BY Y�-�� U� ��' BY � <br /> DARRYL WATSON, CHIEF PRES C <br /> CUSTOMER ACCOUNT SERVICES DIVISION <br /> PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> /� <br /> itne ate <br /> est: <br /> C k <br /> AMENDMENT ER#8 <br /> PERS-CON-702A <br />