Or. Admin. Code § 459-007-0003 - Determination of Tier One Year-to-Date Calculation

(1) Any year-to-date calculation ("factor") used to credit earnings to Tier One member regular accounts shall be a pro-rate of the assumed interest rate and cannot be greater unless and until the conditions in ORS 238.255 have been met.
(2) The provisions of this rule shall be applied retroactively to July 1, 2003.

Notes

Or. Admin. Code § 459-007-0003
PERS 24-2003, f. & cert. ef. 12-15-03; PERS 18-2005(Temp), f. & cert. ef. 10-26-05 thru 4-19-06; PERS 1-2006, f. & cert. ef. 2-1-06

Stat. Auth.: ORS 238.650

Stats. Implemented: ORS 238

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