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12. 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 />B. This amendment shall be effective on the <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES' RETIREMENT SEM <br />�O <br />BY <br />KENNETH W. MARZION, C <br />ACTUARIAL & EMPLOYE RVICES DIVISION <br />PUBLIC EMPLOYEES' RI MENT SYSTEM <br />d <br />AMENDMENT <br />PERS-CON-702A (Rev. 8196) <br />day of '19 <br />CITY COUNCIL <br />OF THE <br />CITY OF COLTON 4, <br />°�'�`: <br />BY <br />PRESIDING OFFICER <br />e 4 <br />Witness Datq, 1�Y <br />Attest:" <br />Clerk <br />