(1) A retired member who has retired as other than a member of the Legislative Assembly and who is thereafter appointed or elected as a member of the Legislative Assembly may elect, by giving the Public Employees Retirement Board written notice, to receive the pension provided by this chapter for service as other than a member of the Legislative Assembly, and be an active member as a member of the Legislative Assembly for the purpose of service in the Legislative Assembly. A person may make an election under this subsection only if the person becomes an active member for the purpose of service in the Legislative Assembly as provided in ORS 237.650 (5). Notice of an election under this subsection must be given by the person not more than 30 days after the person takes office.
(2) A member of the Legislative Assembly who is a member of the Public Employees Retirement System under this chapter as a member of the Legislative Assembly and who becomes eligible to retire by reason of service as other than a member of the Legislative Assembly, without regard to when that service was performed, may elect, by giving the board written notice, to retire and receive the pension provided by this chapter for service as other than a member of the Legislative Assembly, and to continue, for the purpose of service in the Legislative Assembly, as an active member as a member of the Legislative Assembly.
(3) Upon receipt of the notice provided for in subsection (1) or (2) of this section, the board shall determine the member’s pension for nonlegislative service based on the number of years of nonlegislative service, and shall determine any additional pension to be received after the member subsequently retires based on the number of years of service in the Legislative Assembly. [2013 s.s. c.3 §11]
Structure 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.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.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.