(1) There is created the Oregon Educators Benefit Account, separate and distinct from the General Fund. Moneys in the account are continuously appropriated to the Oregon Educators Benefit Board to cover the board’s expenses incurred in connection with the administration of ORS 243.860 to 243.886.
(2) Subject to ORS 243.882, an amount not to exceed two percent of the monthly employer and employee contributions for benefit plans available under ORS 243.860 to 243.886 shall be deposited in the account. [2007 c.7 §11]
Note: See note under 243.860.
Section: Previous 243.866 243.868 243.870 243.872 243.874 243.876 243.878 243.880 243.882 243.884 243.886 243.910 243.920 243.930 243.935 NextLast modified: August 7, 2008