Oregon Const. art. IX, § 11

Oregon Constitution

Article IX, § 11 — Retirement plan rate of return contract guarantee prohibited

This text of Oregon Const. art. IX, § 11 (Retirement plan rate of return contract guarantee prohibited) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionOregon DocumentConstitution

ArticleIX

Section§ 11

CitationOregon Const. art. IX, § 11

Bluebook

Or. Const. art. IX, § 11.

Full Text

(1) Neither the state nor any political subdivision of the state shall contract to guarantee any rate of interest or return on the funds in a retirement system or plan established by law, charter or ordinance for the benefit of an employee of the state or a political subdivision of the state.

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History

Created through initiative petition filed May 10, 1993, and adopted by the people Nov. 8, 1994

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Bluebook (online)

Oregon Const. art. IX, § 11, Counsel Stack Legal Research, https://law.counselstack.com/constitution/or/IX/11.