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• <br /> 13. 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 /> 14. Contributions required of Public Agency and its employees shall be paid by <br /> Public Agency to the Retirement System within fifteen days after 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 /> I W p.a.hao.+2-1 S <br /> B. This amendment shall be effective on the }btf day of — Beetmtrer , 19 I I/ M8 <br /> BOARD OF ADMINISTRATION CITY COUNCIL <br /> PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE <br /> CITY OF SAN LEANDRO <br /> • <br /> BY atn„ / /. BY S }r <br /> KENNE H W. MARZION, CHIEF P'.5. OFFICER <br /> ACTUARIAL & EMPLOYER SERVICES DIVISION <br /> PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> Witness Date <br /> • Attest: <br /> • <br /> ek <br /> Clerk <br /> AMENDMENT <br /> PERSON -702A (Rev. (R96) <br />