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c. A reasonable amount, as fixed by the Board, payable in one installment as <br /> the occasions arise, to~ cover the costs of special valuations on account of <br /> employees of Public Agency, and costs of the periodic investigation and <br /> valuations required by law. <br /> <br /> 12. Contributions required of Public Agency and its employees shall be subject to <br /> adjustment by Board on account of amendments to the Public Employees' <br /> Retirement Law, and on account of the experience under the Retirement System <br /> as determined by the periodic investigation and valuation required by said <br /> Retirement Law. <br /> <br /> 13. ConUibutions required of Public Agency and its employees shall be paid by <br /> Public Agency to the Retirement System within fifteen days af[er the end of the <br /> period to which said contributions refer or as may be prescribed. by Board <br /> regulation. If more or less than the correct amount of contributions is paid for any <br /> period, proper adjustment shall be made in connection with subsequent <br /> remittances. Adjustments on account of errors in contributions required of any <br /> employee may be made by direct payments between the employee and the Board. <br /> <br /> B. This amendment shall be effective on the __ day of ,19 <br /> <br />BOAR~ OF ADMINISTRATION <br />PUBLIC EMPLOYEES' RETIREMENT,.~~x~b,.I~{i~M CITY COUNCIL <br /> OF THE <br /> <br />BY ,\~ BY <br />KENNETH W. MARZION, C~H~' PRESIDING OFFICER <br /> <br /> , Witness Date <br /> <br /> Attest: <br /> <br /> Clerk <br /> <br />AMENDMENT <br />PERS-CON-702A (Rev. 8L06) <br /> <br /> <br />