Notwithstanding any other provision of law, the Public Employees Retirement Board may deny or terminate participation by an employer in the Public Employees Retirement System, and may deny or terminate membership in the system for any employee, if the board determines that allowing participation by the employer or membership for the employee would cause the system or the Public Employees Retirement Fund to lose qualification as a qualified governmental retirement plan and trust under the Internal Revenue Code and under regulations adopted pursuant to the Internal Revenue Code.
ORS 238.618
Known as the Public Employes’ Retirement Act
The act spans §§ 238–238 (197 sections).
Applied in 1 court decision — leading case Kaser v. PERS (2022)
Most recently applied in Kaser v. PERS (February 2022)
1999 c.317 §3
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.