SB 560

  • Oregon Senate Bill
  • 2017 Regular Session
  • Introduced in Senate Jan 09, 2017
  • Senate
  • House
  • Governor

Relating to public employee retirement.

Abstract

Redirects employee contributions made by member of system from individual account program to account to be used to pay for member's pension or other retirement benefits accrued on or after January 1, 2018. For years beginning in 2018, caps at $100,000 annual salary used to calculate final average salary for purposes of Public Employees Retirement System. Directs Public Employees Retirement Board to recalculate employer contribution rates to reflect savings attributable to Act. Provides for expedited review of Act by Supreme Court upon petition by adversely affected party.

Bill Sponsors (10)

Votes


Actions


Jul 08, 2017

Oregon Legislative Assembly

In committee upon adjournment.

Apr 20, 2017

Oregon Legislative Assembly

Referred to Ways and Means by Order of the President.

Apr 20, 2017

Oregon Legislative Assembly

Recommendation: Without recommendation as to passage but w/amendments and requesting referral to Ways and Means. (Printed A-Eng.)

Apr 17, 2017

Oregon Legislative Assembly

Work Session held.

Apr 12, 2017

Oregon Legislative Assembly

Public Hearing held.

Mar 15, 2017

Oregon Legislative Assembly

Public Hearing held.

Feb 13, 2017

Oregon Legislative Assembly

Public Hearing held.

Jan 17, 2017

Oregon Legislative Assembly

Referred to Workforce.

Jan 09, 2017

Oregon Legislative Assembly

Introduction and first reading. Referred to President's desk.

Bill Text

Bill Text Versions Format
Senate Amendments to Introduced PDF
Introduced PDF
A-Engrossed PDF

Related Documents

Document Format
No related documents.

Sources

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