OAR 170-080-0050
Employer Guidelines

(1)

Facilitating Employers shall:

(a)

Collect contributions and remit those amounts promptly to the Program Administrator or its designee;

(b)

Provide information to the Program Administrator, as described in OARs 170-080-0015 (Employer Registration and Employee Enrollment), 170-080-0020 (Employer Exemptions), and 170-080-0030 (Standard and Alternate Elections for Contributions; Automatic Increases; Ceasing Contributions; Requesting Participation);

(c)

Retain the notice of any Employee elections or election changes pursuant to any action defined in OAR 170-080-0030 (Standard and Alternate Elections for Contributions; Automatic Increases; Ceasing Contributions; Requesting Participation) for a period not less than three (3) years from the date of the notice. Facilitating Employers may choose to comply with this requirement by allowing the Program Administrator to maintain such documentation on their behalf, either electronically, or in any other medium allowable under applicable law;

(d)

Record the Participating Employee’s elections and election changes in its payroll system in a manner that enables the Facilitating Employer to make accurate deductions from the Participating Employee’s paycheck;

(e)

Make clear that the Facilitating Employer’s involvement in the Program is limited to collecting contributions and remitting them to the Program Administrator or its designee, and that the Facilitating Employer does not provide any additional benefit or promise any particular investment return on Employee savings; and

(f)

Remain neutral about the Program.

(2)

Facilitating Employers shall not:

(a)

Contribute to the Program;

(b)

Require, endorse, or discourage employee participation in the Program; and

(c)

Execute any discretionary authority, control, or responsibility with respect to the Program.

(3)

Facilitating Employers may, if they choose:

(a)

Provide additional general information and other educational materials that explain the
advisability of retirement savings, including the advantages of contributing to an IRA; and

(b)

Answer Employee inquiries about the mechanics of the IRA payroll deduction.

(4)

Facilitating Employers should refer other inquires to the Program Administrator or as otherwise directed by the Board.

Source: Rule 170-080-0050 — Employer Guidelines, https://secure.sos.state.or.us/oard/view.action?ruleNumber=170-080-0050.

170‑080‑0001
Notice Rule for Rulemaking, Model Rules of Procedure 170‑080‑0002
Confidentiality and Inadmissibility of Mediation Communication 170‑080‑0005
Inspection, Certification or Copying Public Records 170‑080‑0010
Administration 170‑080‑0011
Executive Director 170‑080‑0015
Employer Registration and Employee Enrollment 170‑080‑0020
Employer Exemptions 170‑080‑0025
Responsibilities in Joint or Co-employment Circumstances 170‑080‑0030
Standard and Alternate Elections for Contributions 170‑080‑0035
Contributions 170‑080‑0036
Non-Payroll Contributions 170‑080‑0040
Distributions and Distribution Requests 170‑080‑0045
Program Administration Fees and Expenses 170‑080‑0050
Employer Guidelines 170‑080‑0055
Distribution of Materials to Employees 170‑080‑0056
Individual Participation 170‑080‑0057
Rollovers and Transfers 170‑080‑0058
Termination of Facilitating Employer Status through Program Exemption 170‑080‑0060
Technical Assistance to Employers 170‑080‑0061
Account Closure 170‑080‑0062
Abandoned Accounts 170‑080‑0065
Confidentiality

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

OAR 170-080-0050 Employer Guidelines

(1)

(a)

(b)

(c)

(d)

(e)

(f)

(2)

(a)

(b)

(c)

(3)

(a)

(b)

(4)

OAR 170-080-0050
Employer Guidelines