Oregon Statutes - Chapter 558 - Weather Modification - Section 558.350 - Employees’ retirement system.

(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