§ 62-216. Additional city contributions.

The city shall pick up the member contributions required by this division for all compensation earned after 30 days after the date of passage of the ordinance from which this division is derived. The contributions so picked up shall be treated as contributions being paid by the employer in lieu of contributions by the employee in determining tax treatment under the United States Internal Revenue Code. The city shall pick up the member contributions from funds established and available in the salaries account, which funds would otherwise have been designated as member contributions and paid to the pension plan.

(Code 1979, § 2-314.1.41)