Or. Admin. Code § 459-075-0060

Current through Register Vol. 63, No. 12, December 1, 2024

Section 459-075-0060 - Vesting in the OPSRP Pension Program

For the purpose of determining vesting under ORS 238A.115(1)(a):

(1) Hours of service performed for all participating public employers during a calendar year are included.

(2) Hours of service performed during the six-month period required to establish membership under ORS 238A.100 are included.

(3) For calendar years beginning on or after January 1, 2004, hours of service will be determined based on hours reported to PERS by the member's employer(s) pursuant to OAR 459-070-0100.

(4) An eligible employee first employed by a participating public employer on or after August 29, 2003 and before January 1, 2004 is presumed to have performed less than 600 hours of service in calendar year 2003 unless records provided to PERS establish that the eligible employee performed at least 600 hours of service in the calendar year.

(5) Hours of service attributable to periods of active membership before termination of membership under ORS 238.095 and hours of service excluded under ORS 238A.120 and 238A.145 may not be included.

(6) An eligible employee who has established membership in the OPSRP Pension Program but has not vested in that program prior to becoming a judge member, as defined in ORS 238.500(3), may use hours of service worked as a judge member solely for the purpose of vesting in the OPSRP Pension Program so long as:

(a) The membership of the person has not been terminated under the provisions of ORS 238.545 or 238A.110; and

(b) The judge member's effective date of retirement is on or after January 1, 2018.

Or. Admin. Code § 459-075-0060

PERS 9-2009, f. & cert. ef. 7-21-09; PERS 1-2012, f. & cert. ef. 2-1-12; PERS 9-2018, amend filed 08/03/2018, effective 8/3/2018

Statutory/Other Authority: ORS 238A.450

Statutes/Other Implemented: ORS 238A.010 & 238A.115