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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' Retirement <br /> Law, and on account of the experience under the Retirement System as determined by <br /> the periodic investigation and valuation required by said Retirement Law. <br /> <br /> 13. Contributions required of Public Agency and its employees shall be paid by Public <br /> Agency to the Retirement System within fifteen days after the end of the period to <br /> which said contributions refer or as may be prescribed by Board regulation. If more or <br /> less than the correct amount of contributions is paid for any period, proper adjustment <br /> shall be made in connection with subsequent remittances. Adjustments on account of <br /> errors in contributions required of any employee may be made by direct payments <br /> between the employee and the Board. <br /> <br />B. This amendment shall be effective on the/r?'r-L day of /~p~Tz~ , 19 ~f. <br /> <br />BOARD OF ADMINISTRATION CITY COUNCIL <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE <br /> CITY OF PLEASANTON <br /> <br />BY BY <br /> INGO CER <br />KENNETH W. MARZION, CHIEF ' FF'ii <br />ACTUARIAL & EMPLOYER SERVICES DIVISION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> <br /> Witness Date <br /> <br /> Attest: <br /> ,7. <br /> <br /> Clerk (/' <br /> <br /> AMENDMENT <br /> PERS-CON-702A (Rev. 8\96) <br /> <br /> <br />