§ 2.32.020. Payments into plan

Latest version.

The city finance officer is directed to deduct the applicable percentage of the salaries paid police officers and general employees, and forward same to the retirement system; such deductions to be made from each and every eligible employee's salary on each and every payroll after January 1, 1966. The city finance officer is further directed to pay from city funds a matching applicable percentage that was paid by employees participating in the retirement plan, and forward same to the retirement system, together with payment of employees' applicable percentage.

(Prior code § I-6-38)

                    
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