Or. Admin. Code § 459-009-0091
Current through Register Vol. 64, No. 1, January 1, 2025
Section 459-009-0091 - Unfunded Actuarial Liability Resolution Program(1) The Unfunded Actuarial Liability Resolution Program offers employers a PERS resource checklist and the use of the Employer Rate Projection Tool to assess the potential impact on employer contribution rates with varying employer lump sum payments and amortization periods.(2) An employer will meet the requirement for participation in the Unfunded Actuarial Liability Resolution Program when it submits an attestation confirming its use of the Employer Rate Projection Tool along with the resource checklist provided by PERS to form its own funding plan.Or. Admin. Code § 459-009-0091
PERS 10-2019, adopt filed 12/06/2019, effective 12/6/2019Statutory/Other Authority: ORS 238.650 & ORS 238A.450
Statutes/Other Implemented: ORS 238.225 - 238.229