Or. Admin. R. 459-070-0050 - Participation of Public Employers
Current through Register Vol. 60, No. 12, December 1, 2021
(1)
Any public employer that does not already provide benefits under the Oregon
Public Service Retirement Plan (OPSRP) may apply to participate in OPSRP for
service by eligible employees performed on or after the date the employer's
participation becomes effective. An employer that applies to participate in
OPSRP must also apply to participate in the PERS Chapter 238 Program for
members of that program that it employs on or after the employer's
participation begins.
(2) The
application to participate must contain the following:
(a) A true copy of the resolution, motion or
other official action by which the employer's governing board or equivalent
decided to apply to participate;
(b) A designated person or position
authorized to represent the employer on PERS matters;
(c) Whether the employer will participate for
one or more designated classes of employees or for all employees. If the
employer already provides coverage for some but not all employees, the
application must designate which additional class(es) will be added;
(d) A statement that the employer will
participate in the OPSRP Pension Program and the OPSRP IAP;
(e) A statement that the employer will
participate in the PERS Chapter 238 Program for members of that program that it
currently employs or may hire in the future in the class(es) designated for
coverage pursuant to subsection (c) of this section;
(f) Whether the employer will participate in
the unused sick leave program pursuant to ORS
238.350; and
(g) The date on which the employer proposes
to commence participation.
(3) If the employer elects to participate in
the State and Local Government Rate Pool (SLGRP) for the PERS Chapter 238
Program, the employer shall provide PERS with a resolution electing to
participate in the SLGRP before the coverage agreement is signed by the
parties.
(4) Upon receipt of the
properly completed application, PERS will prepare a coverage agreement, which
will be forwarded to the person designated by the employer under (2)(b) above.
In no event will coverage commence before the agreement has been executed on
behalf of the employer's governing body (or equivalent), the PERS Executive
Director, and the PERS Board.
(5)
The employer will provide any and all information requested by PERS to ensure
that the employer is eligible to participate, including whatever information
PERS deems necessary to determine that the employer qualifies as a public
employer. Factors to be addressed in that determination include but are not
limited to:
(a) If the employer is a public
corporation, whether a governmental entity retains essential control over the
employer's activities, with delegated powers for administration or discharge of
public duties;
(b) Whether a state
or local governmental body controls management of the employer;
(c) If the employer is a public corporation,
whether it generates profits for private investors or stockholders;
(d) Where the employer derives its funding
for operations;
(e) Whether the
employer performs a governmental function; and
(f) Any information deemed necessary to
determine that the employer's coverage will not adversely affect PERS' status
as a qualified governmental retirement plan under the Internal Revenue
Code.
(6) Unless the
coverage agreement specifically provides otherwise, no retirement or service
credit will be provided under the PERS Chapter 238 Program for the service
performed with that employer prior to the employer becoming a participating
employer.
Notes
Stat. Auth: ORS 238A.450, 238.650
Stats. Implemented: ORS 238A.025, 238A.070
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