(1) A person who is serving with a participating public employer, who will receive benefits under ORS chapter 238 by reason of that service, who is elected or appointed to the Legislative Assembly, and who does not leave employment with the participating public employer by reason of that election or appointment, must elect one of the options provided by ORS 237.650 for the purposes of service by the person during sessions of the Legislative Assembly. A person described in this subsection shall receive benefits under ORS chapter 238 for all hours of service that are not performed during a session of the Legislative Assembly.
(2) A person who is serving with a participating public employer, who is a member of the pension program or the individual account program, and who is elected or appointed to the Legislative Assembly may not make an election under ORS 237.650 and shall continue membership in the pension program or individual account program for the purposes of all service by the person as a member of the Legislative Assembly. [2003 c.733 §46d]
Note: See first note under 237.650.
LIQUIDATION OF PRE-1953 RETIREMENT SYSTEM
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