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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 assets and liabilities of said System on account of <br /> <br />said employees. <br /> <br /> Contributions required of Public Agency and its employeee <br />shall be subject to adjustment by the Board of Administration on <br />account of amendment e to the State Employees' Retirement Law, a~d <br />on account of experience under the Retirement System, as determined <br />by the periodical investigation, valuation and determination pro- <br />vided for by said Retirement Law. <br /> <br /> 10. Contributions required of Public Agency under paragraph <br /> 9 immediately preceding, and contributions requlredof public <br /> Agency's employees who are members of said System, shall Be paid <br /> by Public Agency to the State Employees" Retirement System within <br /> thirty days after the end of the month or longer period to which <br /> said contributions refer. If more or less than ~he correct amount <br /> of contribution required of Public Agency or its employees is paid <br /> for any period, proper adjustment shall be made in connection with <br /> eubeequent remittances of Public 'Agency to the Board, to rectify <br /> the errors; or such adjustments on account of errors made in con- <br /> tributions required of employees, may be made by direct cash <br /> paymentm between the employee in connection with whom the error <br /> was made, and Board. Paymente of public Agency to Board may be <br /> made in the form of warrante, bank checks, bank drafts, certified <br /> <br /> <br />
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