Oregon § 238.671 Proposal to legislative review agency for crediting of interest or income

Oregon Statutes

§ 238.671 — Proposal to legislative review agency for crediting of interest or income

Oregon § 238.671

Vol.6

Title 22Public Officers and Employees

Ch. 238Public Employees Retirement System

This text of Oregon § 238.671 (Proposal to legislative review agency for crediting of interest or income) 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.

Bluebook

Or. Rev. Stat. § 238.671 (2026).

Text

At least 30 days before crediting any interest or other income received through investment of moneys to any fund or account, the Public Employees Retirement Board shall submit a preliminary proposal for crediting to the appropriate legislative review agency, as defined in ORS 291.371, for its review and comment. The proposal shall identify gross earnings, investment expenses and administrative expenses, by fund or account, related to the crediting of the interest or other income.

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At least 30 days before crediting any interest or other income received through investment of moneys to any fund or account, the Public Employees Retirement Board shall submit a preliminary proposal for crediting to the appropriate legislative review agency, as defined in ORS 291.371, for its review and comment. The proposal shall identify gross earnings, investment expenses and administrative expenses, by fund or account, related to the crediting of the interest or other income.