OR HB2223 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on June 26 2021 - 100% progression
Action: 2021-06-26 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on June 26 2021 - 100% progression
Action: 2021-06-26 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Directs participating public employers in Public Employees Retirement System to make employer contributions to individual account program, or cash payments, of one percent of member's salary during certain periods, depending on funded status of system. Directs participating public employers in Public Employees Retirement System to make employer contributions to individual account program, or cash payments, of one percent of member's salary during certain periods, depending on funded status of system. Directs Public Employees Retirement Board to make cash payments of one percent of retired member's final average salary to retired member or beneficiary during certain periods, depending on funded status of system. Directs board to adopt rules establishing method for recovering payments from participating public employers.
Title
Relating to public employee retirement.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-06-26 | House | In committee upon adjournment. |
2021-01-19 | House | Referred to Business and Labor with subsequent referral to Ways and Means. |
2021-01-11 | House | First reading. Referred to Speaker's desk. |
Oregon State Sources
Type | Source |
---|---|
Summary | https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/HB2223 |
Text | https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2223/Introduced |