(1) A weather modification district organized under ORS 558.200 to 558.440 may establish an employees’ retirement system. The commissioners may enter into agreements necessary to establish the system and carry out the plan and may agree to modifications of such agreements from time to time.
(2) The retirement plan may provide for retirement benefits measured on the basis of services rendered or to be rendered by an employee, either before or after the date on which such employee first becomes a member of the retirement plan. The retirement plan may provide for a minimum of years of service and a minimum and maximum age of retirement for the employee. [1969 c.698 §56]Section: Previous 558.310 558.315 558.320 558.325 558.330 558.340 558.345 558.350 558.355 558.360 558.365 558.400 558.405 558.410 558.415 Next
Last modified: August 7, 2008