(A) The Finance Officer is hereby directed to deduct 8% of the salaries paid police officers and 6% of the salaries paid general employees and forward the same to the said retirement system; said deductions to be made from each and every police officer’s and/or general employee’s salary on each and every payroll and for each and every payroll period subsequent to the effective date of the city’s participation in the retirement system.
(B) The Finance Officer is hereby authorized to pay from city funds a matching 8% or 6% of salaries, and to forward the same to said retirement system, together with the payment of the employee’s contributions as provided above.
(Prior Code, § 2-30) (Ord. 987, passed 8-13-2002)