§ 54-162. Contributions.

Latest version.

The city shall make such contributions as are required, together with contributions of the participants and other sources, to maintain the trust fund established for the purposes of the plan on a sound actuarial basis, as specified in the actuary's valuation reports for the applicable periods of time.

Employee contributions shall be deposited to the trust fund on at least a monthly basis. The city's contributions shall be deposited on at least a monthly basis.

(Ord. No. 2003-27, § 1, 7-15-03)

                    
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