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or lesm frequent installments as Board shall require, for <br /> a period of 2,~ years, on account of the liability <br /> ~or benefi~a bae~d on service rendered to Public Agency <br /> Pri0r:'~o the effective date hereof. <br />b. 9.93? per cent of total salaries paid by Public Agency <br /> <br /> ·eaeh aOnth tO its-employees who are members of sa~ Retire- <br /> merit:SYstem, 'provided that~enly sal~y earned as me'bets <br /> 'of s~ ~8~tem shall be lnci~ed i~ said tOtal'salaries, <br /> ~d' the employees ~o ~e members of said System 'S~ll in- <br /> <br /> Clude e~loyeea wh° become members upon the effective date <br /> hereof ~ e~loyees-~o become members thereafter. <br /> <br />~. lA 'reasonable ~o~t pa: ~n~, aa ~d b~ Board, ~yable <br /> la eq~l ~nthly, ~ leas ~=equent installm~ts, aa ~ard <br /> ~h~ll require, to c~er the costa ~ a~t~lstexi~ <br /> System aa it a~ecta $~ e~loyeea o~ Public ~ency, not <br /> lnctudl~ t~ ~sta of special valuations ox of the periodi- <br /> c~ lnvestigatlo~ ~ v~uatioa re.ired by law, provid~ <br /> that said ~o~t shall be ,datelined on the basis of ~he <br /> n~ber o~ ~loyeea ~ ~blic Agen~ who are members on <br /> July ls~ o~ ~he re.active f~c~ years, o~ with <br /> to the first ~e~ of ps. rticipation, on the effective date <br /> of said ~ticipation. <br /> <br />d. A reaaon$1e ~o~ as fixed by the -Board, payable in one <br /> ina*altmen~ from ti~ to ti~ aa t~ uoc~icna ~iae, <br /> cover the costs of s~)eci~ v~o~ on accost of <br /> ployees of Public Agency, ~d ~he oozts of the periodic~ <br /> investigation into the e~erienoe ~der said Retirement <br /> <br /> <br />