Oregon § 243.874 Flexible benefit plans; rules

Oregon Statutes

§ 243.874 — Flexible benefit plans; rules

Oregon § 243.874

Vol.6

Title 22Public Officers and Employees

Ch. 243Public Employee Rights and Benefits

This text of Oregon § 243.874 (Flexible benefit plans; rules) 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. § 243.874 (2026).

Text

(1)In addition to the powers and duties otherwise provided by law to provide benefit plans for eligible employees, the Oregon Educators Benefit Board may provide and administer flexible benefit plans under which eligible employees may choose among taxable and nontaxable benefits as provided in the federal Internal Revenue Code.

(2)In providing flexible benefit plans, the board may offer:

(a)Health or dental benefits as described in ORS 243.864 and 243.866.

(b)Other insurance benefits as described in ORS 243.868.

(c)Any other benefit that may be excluded from an employee’s gross income under the federal Internal Revenue Code.

(d)Any part or all of the district or local government contribution for employee benefits in cash to the employee.

(3)In developing flexible benefit plans, the

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(1) In addition to the powers and duties otherwise provided by law to provide benefit plans for eligible employees, the Oregon Educators Benefit Board may provide and administer flexible benefit plans under which eligible employees may choose among taxable and nontaxable benefits as provided in the federal Internal Revenue Code.
(2) In providing flexible benefit plans, the board may offer:
(a) Health or dental benefits as described in ORS 243.864 and 243.866.
(b) Other insurance benefits as described in ORS 243.868.
(c) Any other benefit that may be excluded from an employee’s gross income under the federal Internal Revenue Code.
(d) Any part or all of the district or local government contribution for employee benefits in cash to the employee.
(3) In developing flexible benefit plans, the board shall design the plans on the best basis possible with regard to the welfare of the employees and affordability for the districts and local governments.
(4) The board may pay some or all of the cost of administering flexible benefit plans from funds authorized to pay general administrative expenses incurred by the board.
(5) The board shall adopt rules as the board considers necessary for the establishment and administration of flexible benefit plans.
(6) The board may contract with private organizations for administration of flexible benefit plans in accordance with rules adopted under subsection (5) of this section.