Oregon Revised Statutes Chapter 237 § 237.650 — to become a legislator member of the state deferred compensation plan
Oregon Revised Statutes Chapter 237 ·
Oregon Code § 237.650·Enacted ·Last updated March 01, 2026
Statute Text
to become a legislator member of the state deferred compensation plan
for the purpose of service in the Legislative Assembly, the Legislative
Assembly shall make employer contributions to the plan in an amount that is
equal to the percentage of the members salary that would have been contributed
to the Public Employees Retirement Board for the members normal cost under ORS
238A.220, as determined by the actuary under ORS 238.605.
(b)
Notwithstanding paragraph (a) of this subsection, contributions made to the
plan by the Legislative Assembly under this subsection may not exceed the
maximum allowed by federal law.
(2) If a person
appointed or elected as a member of the Legislative Assembly elects under ORS
Plain English Explanation
This Oregon statute addresses to become a legislator member of the state deferred compensation plan
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 237.650
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses to become a legislator member of the state deferred compensation plan
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 237.650. Use this format in legal documents and court filings.
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