OR SB533 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Redirects employee contribution to Public Employees Retirement System to account to be used to pay for pension or other retirement benefits payable to member or member's beneficiary accrued on or after January 1, 2020. Directs Public Employees Retirement Board to recalculate employer contribution rates to reflect savings attributable to Act. Provides for expedited review of Act by Supreme Court upon petition by adversely affected party. Declares emergency, effective on passage.
Title
Relating to redirection of the employee contribution under the Public Employees Retirement System; declaring an emergency.
Sponsors
| Sen. Cliff Bentz [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-30 | Senate | In committee upon adjournment. |
| 2019-01-16 | Senate | Referred to Workforce. |
| 2019-01-14 | Senate | Introduction and first reading. Referred to President's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2019R1/Measures/Overview/SB533 |
| Text | https://olis.oregonlegislature.gov/liz/2019R1/Downloads/MeasureDocument/SB533/Introduced |
