Oregon Administrative Rules
Chapter 111 - OREGON HEALTH AUTHORITY, OREGON EDUCATORS BENEFIT BOARD
Division 65 - OEBB ADMINISTRATION OF EARLY RETIREE GROUPS
Section 111-065-0010 - OEBB Early Retiree Invoicing

Universal Citation: OR Admin Rules 111-065-0010

Current through Register Vol. 63, No. 9, September 1, 2024

(1) OEBB will enroll the Early Retiree after OEBB has received the enrollment form and one of the following is completed:

(a) The required ACH Authorization for a recurring Direct Debit Payment is received from the Early Retiree to initiate the setup of automated payments via ACH; or

(b) An Exception Request Form is received from the Early Retiree and reviewed and approved by OEBB.

(2) OEBB will send payment invoices to Early Retirees that will provide notification of the amount and payment due date or the date the automatic checking deduction will occur. OEBB will send invoices on or around the 15th of the month with payment due on the 2nd business day of the following month.

(3) Advance payments may be made only within the same Plan Year. However, any remaining balances will be carried into the next Plan Year.

Statutory/Other Authority: 243.860 - 243.886

Statutes/Other Implemented: ORS 243.864(1)(a)

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