(1) The premiums and administrative costs incurred by the Oregon Department of Administrative Services for the insurance provided for in ORS § 243.005 to 243.045 shall be paid by the affected public employers and shall not come from funds of the Public Employees Retirement System.

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(2) Every public employer shall include in its budget amounts sufficient to pay the annual premiums accruing on the policies of insurance issued pursuant to ORS § 243.005 to 243.045, and amounts sufficient to reimburse the Oregon Department of Administrative Services for its administrative expenses incurred under ORS § 243.005 to 243.045. [Subsection (1) enacted as 1971 c.692 § 9; subsection (2) enacted as 1971 c.692 § 10]

[Amended by 1955 c.203 § 4; 1959 c.162 § 3; repealed by 1971 c.692 § 14]