2015 ORS 237.500¹
Administrative expenses

All expenses of the Public Employees Retirement Board in excess of those paid under ORS 237.490 (Deposit investment and payment of funds) (2) incurred in administering the provisions of ORS 237.410 (Definitions for ORS 237.420 to 237.515) to 237.515 (Exclusion of contributions from biennial budget), including such proportion of the salary of the director, counsel, professional consultants and employees of the retirement board, as the time required of them for the administration of ORS 237.410 (Definitions for ORS 237.420 to 237.515) to 237.515 (Exclusion of contributions from biennial budget) shall bear to the time required for the administration of both ORS 237.410 (Definitions for ORS 237.420 to 237.515) to 237.515 (Exclusion of contributions from biennial budget) and the public employees retirement law, shall be paid in the manner provided by law, out of the Social Security Revolving Account. For such purpose, the board may make monthly withdrawals from said account in lump sums. The board may, under such rules as it promulgates, collect from each public agency its respective pro rata share of the expenses incurred in administering ORS 237.410 (Definitions for ORS 237.420 to 237.515) to 237.515 (Exclusion of contributions from biennial budget). Each public agency included in the agreement pursuant to ORS 237.430 (Public agencies to be included in the agreement) is required to pay its pro rata share of the expenses incurred by the board in administering ORS 237.410 (Definitions for ORS 237.420 to 237.515) to 237.515 (Exclusion of contributions from biennial budget). In order to facilitate financing the administration of the system the board may designate fiscal periods and may provide that extraordinary expenses incurred during one such period, such as expenses for equipment, may, for purposes of equitably distributing part of the burden of the expenses, be apportioned to subsequent fiscal periods in such manner as to the board seems equitable. [Amended by 1953 c.192 §5(2); 1967 c.399 §3; 1973 c.704 §15]

Chapter 237

Atty. Gen. Opinions

Authority for voluntary pension trust program for public employees not in educa­tion, (1971) Vol 35, p 998; applica­tion of 1971 amend­ments to benefits under this chapter to retired teachers, (1972) Vol 35, p 1243; retroactive credit for employees of the Legislative Assembly for benefits of the Public Employes Retire­ment System, (1973) Vol 36, p 491; eligibility of Teachers Retire­ment Fund members for increased retire­ment benefits under 1973 law, (1973) Vol 36, p 687; implied standards for level of funding which must be maintained to achieve actuarial soundness, (1977) Vol 38, p 880


1 Legislative Counsel Committee, CHAPTER 237—Public Employee Retirement Generally, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors237.­html (2015) (last ac­cessed Jul. 16, 2016).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2015, Chapter 237, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano237.­html (2015) (last ac­cessed Jul. 16, 2016).
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.