§ 203-83. Normal and Accrued Liability Contributions.

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On account of each member who is an employee there shall be paid each year into the fund by the employer of each member, a certain percentage of the earnable compensation of each member to be known as the "normal contribution," and an additional percentage of the member's earnable compensation to be known as the "accrued liability contribution." The rates percentum of such contributions shall be fixed on the basis of the liabilities of the retirement system as shown by actuarial valuation.

(C.O. 203-44; renumbered to C.M.C. 203-87, eff. Jan. 1, 1972; a. Ord. No. 545-1983, eff. Dec. 23, 1983)

                    
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