Exclusion of contributions from biennial budget
Contributions required by ORS 237.410 (Definitions for ORS 237.420 to 237.515) to 237.515 (Exclusion of contributions from biennial budget) to be placed in the Social Security Revolving Account and thereafter remitted to the Secretary of the Treasury of the United States shall not be included in the biennial budget of the Public Employees Retirement Board as income or expenses of such board. [1953 c.192 §5(4)]
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