2021 Oregon Revised Statutes
Chapter 238A - Oregon Public Service Retirement Plan
Section 238A.140 - Accrual of retirement credit.


(2) An active member who is a school employee shall be credited with at least six months of retirement credit if the member performs service for a major fraction of each month of a school year that falls between January 1 and June 30, and at least six months of retirement credit if the member performs service for a major fraction of each month of a school year that falls between July 1 and December 31.
(3) When an eligible employee becomes a member under ORS 238A.100, the board shall credit the eligible employee with retirement credit for the period of employment required of the employee under ORS 238A.100.
(4) A member may not accrue more than one full year of retirement credit in any calendar year.
(5) For purposes of this section, "school employee" means:
(a) A person who is employed by a common school district, a union high school district or an education service district;
(b) An employee of an institution of higher education who is engaged in teaching or other school activity; and
(c) An employee of the Department of Human Services, the Oregon Youth Authority, the Department of Corrections or the State Board of Education who is engaged in teaching or other school activity at an institution supervised by the authority, board or department. [2003 c.733 §11; 2005 c.332 §§4,21; 2007 c.769 §8; 2011 c.637 §75a]
Note: Section 11a, chapter 733, Oregon Laws 2003, provides:
Sec. 11a. Notwithstanding section 11 (2) of this 2003 Act [238A.140 (3)], if an eligible employee is employed by a participating public employer in a qualifying position on or after the effective date of this 2003 Act [August 29, 2003] and before January 1, 2004, and will not receive benefits under ORS chapter 238 for service with the participating public employer pursuant to the provisions of section 2 of this 2003 Act [238A.025], the Public Employees Retirement Board shall not credit the eligible employee with retirement credit for any period of employment required of the employee under section 5 of this 2003 Act [238A.100] that is performed before January 1, 2004. [2003 c.733 §11a]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 06 - Local Government, Public Employees, Elections

Chapter 238A - Oregon Public Service Retirement Plan

Section 238A.005 - Definitions.

Section 238A.025 - Oregon Public Service Retirement Plan established.

Section 238A.030 - Information technology system.

Section 238A.050 - Oregon Public Service Retirement Plan part of Public Employees Retirement System.

Section 238A.070 - Participation generally.

Section 238A.100 - Establishing membership under pension program.

Section 238A.110 - Termination of membership.

Section 238A.115 - Vesting.

Section 238A.117 - Vesting of member killed in course and scope of employment.

Section 238A.120 - Withdrawal from pension program by vested inactive member.

Section 238A.125 - Amount of pension; rules.

Section 238A.130 - Final average salary; rules.

Section 238A.140 - Accrual of retirement credit.

Section 238A.142 - Accrual by academic employees of community college.

Section 238A.145 - Loss of retirement credit.

Section 238A.150 - Retirement credit for service in uniformed services; rules.

Section 238A.155 - Retirement credit for periods of disability.

Section 238A.160 - Normal retirement age; normal retirement date.

Section 238A.165 - Earliest retirement age; earliest retirement date.

Section 238A.170 - Latest retirement date; required minimum distributions; rules.

Section 238A.190 - Survivorship benefits.

Section 238A.200 - Actuarial equivalency factor tables.

Section 238A.210 - Cost-of-living adjustment.

Section 238A.220 - Employer contributions.

Section 238A.230 - Death benefit; rules.

Section 238A.235 - Disability benefit.

Section 238A.240 - Funding of disability benefit.

Section 238A.245 - Reemployment after commencement of pension benefits.

Section 238A.250 - Option of legislators to receive certain benefits.

Section 238A.300 - Establishing membership under individual account program.

Section 238A.305 - Persons establishing membership in system before August 29, 2003.

Section 238A.310 - Termination of membership.

Section 238A.320 - Vesting.

Section 238A.330 - Employee contributions.

Section 238A.335 - Employer payment of employee contribution.

Section 238A.340 - Employer contributions.

Section 238A.350 - Individual accounts established.

Section 238A.353 - Employee pension stability accounts established.

Section 238A.360 - Rollover contributions; rules.

Section 238A.375 - Distribution of accounts to inactive member.

Section 238A.400 - Payment of accounts at retirement; rules.

Section 238A.410 - Death benefits; rules.

Section 238A.415 - Credit for service in uniformed services; rules.

Section 238A.420 - Investment options under individual account program; rules.

Section 238A.430 - Direct rollovers; rules.

Section 238A.435 - Distribution of death benefit as rollover distribution.

Section 238A.450 - Rules for Oregon Public Service Retirement Plan.

Section 238A.460 - Limitation on powers of board, director and staff.