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c. A reasonable amount, as fixed by the Boarci, payable in one <br />installment within 60 days of date of contract to cover the costs of <br />administering said System as it affects the employees of Pubiic <br />Agency, not including the costs of special valuations or of the <br />periodic investigation and valuations required by law. <br />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 Pubiic Agency, and costs of <br />the periodic investigation and valuations required by law. <br />13. 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 />14. 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 />B. This amendment shall be~ff~ctive on the day of , <br />~.` <br />f,; , <br />BOARD OF ADMINISTRAT~Q~V' CITY COUNCIL ,.:- <br />PUBLIC EMPLOYEES' R~~tftEMENT SYSTEM CITY OF PLEASANTQl~~~ <br />`~ ~ ~. <br />~~, ,:~ r~ <br />~ ~. . , <br />.. <br />LORI MCGARTLAI'~, CHIEF PRESIDING C~ w ER <br />EMPLOYER SEI~YICES DIVISION ,`~'J' <br />PUBLIC EMPl,~16~ES' RETIREMENT SYSTEM c~C`J <br />~-_ ~ <br />~. ~ Witne~ to <br />A~ <br />n~ <br />Clerk <br />AMENDMENT Elbe 0327 <br />PERS-C'.ON-702A (Rev. 1005) <br />