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1946 (#3429-3537)
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1946 (#3429-3537)
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Last modified
2/28/2024 4:01:03 PM
Creation date
4/18/2003 3:26:54 PM
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Pre-Charter
Year
1946
Pre-Charter - Doc Type
Resolutions
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System, as it affects said employees, and the valuation <br />of the a~sets and liabilities cf said System on account of <br /> <br />said employees. <br /> <br /> Contributions required of Public Agency ~nd its e~oloyees <br />shall be subject to adjustment b~ the Bo~rd of Administration on <br />account of amendments to the State Employees' Retirement Law, and <br />on account of experience under the Retirement System, as determined <br />by the periodical investigation~ valuation and determination pro- <br /> <br />vided for by said Retirement Law. <br /> <br /> lC. ConTributions required of l~ublic <br />9 immediately oreceding, and contributions <br />Agency's emoloyees who are members of said <br /> <br />Agency under paragraph <br /> <br />required of Public <br />System, shall be paid <br /> <br />by Public Age~cy to the State Employees' Retirement System v~ithin <br />thirty days after the end of the month or lonser period to which <br />said contributions refer. If more o~ less th~n the correct amount <br />of contribution required of P~blic Agency or its em~loyees is paid <br />for shy period, proper adjustment shall be made in connection with <br />subsequent remittances of Public Agency to the Board, to rectify <br />the errors; or such adjustments on account of errors made in ~n <br />tributions required of e~loyees, may be made by direct cash <br />payments between the employee in connection with whom the error <br />was made, and Board. Payments of Public Agency to Board may be <br />made in the form of warrants, ba~k checks, b~k drafts, certified <br /> <br />e <br /> <br /> <br />
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