Or. Admin. Code § 459-080-0010 - Membership
(1) An employee who
is eligible for membership in the pension program under OAR
459-075-0010 becomes a member of
the individual account program on the same date the employee becomes a member
of the pension program.
(2) An
employee who was an active or inactive member of PERS on August 28, 2003, and
retains membership in PERS through January 1, 2004, becomes a member of the
individual account program on January 1, 2004.
(3) An employee who performed a period of
service before August 29, 2003, that was credited to the six-month period
required under ORS 238.015 for membership in PERS
becomes a member of the individual account program on the date the employee
becomes a member of PERS, or January 1, 2004, whichever is later.
(4) An employee may become a member of the
individual account program as provided in ORS
238A.300(2)
Notes
Stat. Auth.: ORS 238A.450
Stats. Implemented: ORS 238A.300, 238A.305 & OL 2011 Ch. 722
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