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(d) The supplementary contribution rate shall be deter- <br />mined as the percentage represented by the ratio of (t) the <br />average annual amount of post-retirement adjustments as pro- <br />vided for in Section 31-68 which it is anticipated will become <br />payable during the period to which the rate will be applicable <br />to or in respect of retired members, to (2) the total annual <br />creditable compensation of the members. <br /> <br /> (e) The normal contribution rate, the accrued liability <br />contribution rate and the supplementary contribution rate shall <br />be determined, on actuarial basis adopted by the board, from <br />the results of each valuation of the system, and shall continue <br />in force until a new valuation is made. <br /> <br /> (f) The board shall certify to the City Auditor the normal <br />contribution rate, the accrued liability contribution rate, and <br />the supplementary contribution rate, and every change made there- <br />in from time to time. <br /> <br /> (g) The aggregate employer contribution for any year shall <br />be at least sufficient, when combined with the amount then held <br />in the retirement account, to provide the benefits payable from <br />the account during the current year. <br /> <br /> 2. That Section 31-135 of the Code of the City of Ports- <br />mouth, Virginia, 1973, be amended to read as follows: <br /> <br />Section 31-135. By Employer. <br /> <br /> (a) The employer shall contribute annually an amount equal <br />to the sum of the "normal contribution"~ the "accrued liability <br />contribution" and the "supplementary contribution", if any. The <br />normal contribution, the accrued liability contribution and the <br />supplementary contribution for any year shall be determined as <br />percentages of the creditable compensation of the m~ntbers for <br />such year~, such percentages being referred to, respectively, as <br />the normal contribution rate, the accrued liability contribution <br />rate, and the supplementary contribution rate. <br /> <br /> (b) The normal contYibution rate shall be dete~ined as <br />the percentage of the total annual creditable compensation of <br />the members that is represented by the annual normal cost re- <br />quired to provide the benefits of the system, other than post- <br />retirement adjustments as provided for in Section 31-t55, com- <br />puted in accordance with the recognized actuarial principles <br />on the basis of methods and assumptions approved by the board. <br /> <br />-2- <br /> <br /> <br />