Oregon Administrative Rules
Chapter 459 - OREGON PUBLIC EMPLOYEES RETIREMENT SYSTEM
Division 9 - PUBLIC EMPLOYER
Section 459-009-0091 - Unfunded Actuarial Liability Resolution Program

Universal Citation: OR Admin Rules 459-009-0091

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

(1) The Unfunded Actuarial Liability Resolution Program offers employers a PERS resource checklist and the use of the Employer Rate Projection Tool to assess the potential impact on employer contribution rates with varying employer lump sum payments and amortization periods.

(2) An employer will meet the requirement for participation in the Unfunded Actuarial Liability Resolution Program when it submits an attestation confirming its use of the Employer Rate Projection Tool along with the resource checklist provided by PERS to form its own funding plan.

Statutory/Other Authority: ORS 238.650 & ORS 238A.450

Statutes/Other Implemented: ORS 238.225 - 238.229

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