Oregon Statutes 238.088 – Appointment or election of retired member to public office
(1) Except as provided in subsection (2) of this section, a person who is elected to a full-time salaried office of the state or one of the participating political subdivisions thereof, or who is appointed to a full-time salaried office having a term fixed by statute or charter, whether or not the person has been retired, does not forfeit any rights accrued or accruing to the person under this chapter. However, for the period that such person holds such office the person is not entitled to any pension or annuity provided by this chapter. Upon ceasing to hold such office, benefits shall be computed or recomputed by the Public Employees Retirement Board on the basis of age then attained.
Terms Used In Oregon Statutes 238.088
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Statute: A law passed by a legislature.
(2) If a person is elected or appointed to the office of sheriff or county judge or commissioner in a county with a population of fewer than 75,000 inhabitants, according to the latest federal decennial census, and the person does not elect to become an active member of the system under ORS § 238.015 (5), the person shall continue to be a retired member and to receive retirement benefits for as long as the person holds the office.
(3) Subsection (2) of this section does not apply to any member who retires under the provisions of ORS § 238.280 (1), (2) or (3). [Formerly 237.133; 2003 c.625 § 35a; 2005 c.152 § 7; 2005 c.808 § 41; 2007 c.404 § 5]
[Amended by 1953 c.426 § 4; 1955 c.66 § 1; 1963 c.227 § 6; repealed by 1981 c.126 § 6]