Oregon Code § 238.480·Enacted ·Last updated March 01, 2026
Statute Text
Effect
of change to calendar year on contributions and credit of members.
All contributions made and all
service credit earned under the Public Employes Retirement Act of 1953 prior
to January 1, 1956, on the basis of a fiscal year shall not be affected by the
change from fiscal year basis to calendar year basis on January 1, 1956, under
the 1955 amendments of the Public Employes Retirement Act of 1953, and such
contributions and credit are recognized as if no such change had been made. [Formerly
237.107]
PUBLIC EMPLOYEE BENEFIT
EQUALIZATION FUND
Plain English Explanation
This Oregon statute addresses Effect
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 238.480
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Effect
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