Relating to the Local Government Employer Benefit Trust Fund; and prescribing an effective date.
Catchline/Summary:
Authorizes Director of the Employment Department to redetermine benefit cost rate, account reserve ratio and percentage rate at any time upon written request of political subdivision. Authorizes Director of the Employment Department to redetermine benefit cost rate, account reserve ratio and percentage rate at any time upon written request of political subdivision.
Allows political subdivision to request extended plan of additional payments in specified circumstances. Provides that extended plan of additional payments may not exceed period of 12 consecutive calendar quarters.
Takes effect on 91st day following adjournment sine die.
Oregon Legislative Assembly - Public Testimony Registration Form
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SB 984
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