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C. 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 />18. Contributions required of Public Agency and its employees shall be subject <br />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 />19. 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 <br />the period to which said contributions refer or as may be prescribed by <br />Board regulation. If more or less than the correct amount of contributions <br />is paid for any period, proper adjustment shall be made in connection with <br />subsequent remittances. Adjustments on account of errors in contributions <br />required of any employee maybe made by direct payments between the <br />employee and the Board. <br />B. This amendment shall be effective on the <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES' REIREMENT SYSTEM <br />BY Q <br />ARNITA PAIGE, CHIS <br />PENSION CONTRAC�AND PREFUNDING <br />PROGRAMS DIVISI <br />PUBLIC EMPLOYE RETIREMENT SYSTEM <br />C? <br />D <br />Q <br />O <br />Q <br />AMENDMENT CaIPERS ID #7713051229 <br />PERS-CON-702A <br />day of , <br />CITY COUNCIL <br />CITY OF SAN LEANDRO <br />BY <br />PRESIDING OFFICEv <br />IN <br />Witness Dat <br />Attest; <br />O � <br />