§ 3-527. COLLECTION OF MEMBER'S CONTRIBUTIONS.

The Retirement Board shall certify to the head of the proper office or department and the Controller the normal rate of contribution for each member provided for in Section 3-523. The head of such office or department or the Controller shall apply such rate of contribution to the compensation of the member to be contributed by each member, and shall furnish immediately to the Retirement Board a copy of each and every such payroll; and each of said amounts shall be deducted by the Controller and shall be deposited together with regular interest, to the individual account of the member for whom the contribution was made. The Controller, however, may accept cash payments by any member of amounts necessary to correct or adjust the contribution account of such member, the amount so accepted to be deposited and credited in the same manner as if deducted on a payroll. Every member shall be deemed to consent and agree to the contribution made and provided for herein, and shall receipt in full for his salary or compensation, and payment less said contribution shall be a full and complete discharge and acquittance of all claims and demands whatsoever, for the services rendered by such person during the period covered by such payment, except his claims to the benefits to which he may be entitled under the provisions hereof. (Added Ord. 5313, 1958, based on former Sec. 2-1820).