Oregon Statutes 238.622 – Report on changes to actuarial methods and assumptions
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At least 30 days before the Public Employees Retirement Board adopts changes to actuarial methods and assumptions used for purposes of the Public Employees Retirement System, the board shall submit a report to the Joint Committee on Ways and Means or the Joint Interim Committee on Ways and Means detailing the proposed changes and the associated, actuarially determined impact to the total liability of the system, the accrued liability of the system and employer contribution rates. [2019 c.355 § 57]
Terms Used In Oregon Statutes 238.622
- Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
[1995 c.296 § 3; 1997 c.179 § 20; repealed by 1999 c.317 § 14]
(Public Employees Retirement Board)