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• <br />• <br />4. <br />present value of future payments under retirement allowances then being paid and of <br />benefits to be paid in the future to or in respect of members not yet then retired, over <br />(2) the sum of the value of the assets then held in the retirement fund plus the then <br />present value of the normal contributions expected to be made in the future by the city. <br />The accured liability contribution rate shall be determined from the results of each <br />valuation, which shall be made as directed by the commission not less frequently than <br />biennially. <br />(f) The supplementary contribution rate shall. be determined as the percentage <br />represented by the ratio of the total amount of post- retirement supplements as provided <br />for in section 2- 219.15 of this code which it is anticipated will become payable during the <br />year to which the rate is applicable to the total annual creditable compensation of the <br />members. The supplementary contribution rate shall be determined from the results of each <br />valuation which shall be made as directed by the commission not less frequently than <br />biennially. <br />(g) The commission shall certify to city council the normal contribution rate, the <br />accrued contribution rate and the supplementary contribution rate and every change made <br />from time to time in any of such rates. <br />(h) For any year in which the city's aggregate contribution computed as provided <br />in subsection (b) of this section, is insufficient, when combined with the amount then <br />held in the retirement fund, to provide the benefits payable from the fund in such year, <br />the city shall make an additional contribution in the amount necessary to overcome the <br />insufficiency. <br />SECTION 2- 219.3. Membership; cessation. <br />(a) Membership in the plan as of any date shall consist of the following: <br />(1) All employees, as defined in section 2 -200.1 of this code, <br />at such date, inclusive of those on authorized leave from service but <br />exclusive of any such person who had attained his normal retirement <br />date at his date of employment. <br />(2) All former employees who have not retired under the provisions <br />of the plan and who either <br />(i) have five years or more of creditable service <br />and were in service at some time after June 30, 1975, or <br />(ii) have twenty years or more of creditable service <br />and were included in the membership of the plan on June 30, <br />1975. <br />