Or. Admin. R. 459-070-0110 - Employer Remittance of Contributions

Current through Register Vol. 60, No. 12, December 1, 2021

(1) Definition. "Statement date" means the date a statement of contributions or penalty due is generated by PERS.
(2) When PERS issues a statement of contributions due and, if applicable, any penalty due, unless otherwise agreed upon by the PERS Executive Director and the employer, an employer must pay to PERS the total amount of contributions and penalty due no later than five business days from the statement date. Payment must be made pursuant to OAR 459-005-0225.
(3) An employer that fails to pay the total amount due on a statement within the time specified in section (2) of this rule must pay a penalty equal to one percent of the total amount of contributions due on that statement for each month the employer is delinquent.
(4) The PERS Executive Director or a person designated by the Director may waive the penalty described in section (3) of this rule for contributions due on or after January 1, 2011 and before January 1, 2012. For contributions due on or after January 1, 2012, penalties may be waived by the Director or the Director's designee only upon written petition from the employer.

Notes

Or. Admin. R. 459-070-0110
PERS 25-2003, f. 12-30-03 cert. ef. 1-1-04; PERS 29-2004, f. & cert. ef. 11-23-04; PERS 13-2005, f. & cert. ef. 7-5-05; PERS 1-2011, f. & cert. ef. 2-2-11; PERS 14-2014, f. & cert. ef. 9-29-14

Stat. Auth.: ORS 238A.450, 238.650

Stats. Implemented: ORS 238A.050 & 238.705

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