OAR 459-005-0215
Transmittal of Remittances or Payments

(1)

For the purpose of this rule:

(a)

A “remittance” means the transfer of funds from a participating employer to the Public Employees Retirement Fund (PERF) which includes:

(A)

The contributions of both employer and employee members required in ORS 238.200 (Employee contributions generally) to 238.230 used to fund PERS benefits;

(B)

A PERS invoice for employee and/or employer contributions and associated late penalties;

(C)

Any lump sum transfer of funds in satisfaction of an employer liability; and

(D)

Other contributions to the PERF.

(b)

An “employer payment” means the transfer of funds from an employer to PERS for other than the PERF which includes, but is not limited to:

(A)

Contributions to the Deferred Compensation Program;

(B)

Administrative fees; or

(C)

Other employer liabilities.

(c)

A “member payment” means the transfer of funds from a member to the PERF for the purchase of service credit in PERS, restoration of a member’s account or the satisfaction of an invoice for over payment of PERS benefits, other than administrative fees associated with a purchase or invoice.

(d)

A “remittance advice” means an itemized statement on PERS-approved form(s) that describes a remittance.

(e)

An “employer payment advice” means an itemized statement approved by PERS that describes an employer payment.

(f)

A “member-payment advice” means the copy of a PERS-prepared itemized statement of the member cost(s) for a purchase of service credit, the restoration of a member’s account or an invoice for over payment of PERS benefits.

(g)

An “advice document” means the document referred to in subsections (d), (e) or (f) of this section.

(2)

The transmission of a remittance, an employer payment or a member payment shall be accompanied by a remittance advice or a payment advice, respectively.

(3)

The transmission of a remittance, an employer payment or a member payment to PERS shall be as follows:

(a)

The United State Postal Service (USPS);

(b)

A private express carrier as defined in ORS 293.660 (Determining date of filing or receipt of reports, claims, tax returns or remittances)(2);

(c)

Other electronic funds transfer methods approved in advance by PERS.

(4)

A remittance or an employer payment shall be returned to the employer and shall be subject to late penalties, when applicable, if transmitted, without the corresponding advice document.

(5)

A remittance or an employer payment shall be returned to the employer and shall be subject to late penalties, when applicable, if transmitted, with or without the corresponding advice document, to any PERS office or other address not currently designated by PERS.

(6)

An advice document that is not accompanied by the transfer of funds, such as a corrected or supplemental remittance advice, may be transmitted as provided in section (3) of this rule or by use of:

(a)

Telephone facsimile communication (fax);

(b)

Electronic mail (e-mail) through the Internet; or

(c)

By use of the PERS web site on the Internet.

Source: Rule 459-005-0215 — Transmittal of Remittances or Payments, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=459-005-0215.

459‑005‑0001
Definitions, Generally 459‑005‑0005
Amendments to Retirement Law 459‑005‑0010
Public Employees Retirement Fund, A Trust 459‑005‑0025
Student Employee 459‑005‑0030
Payments of Sums to Persons Entitled Thereto 459‑005‑0040
Verification of Retirement Data 459‑005‑0055
Actuarial Equivalency Factors 459‑005‑0060
Standards for the Adoption of New Actuarial Equivalency Factors 459‑005‑0100
Definitions — Member’s Fiduciary 459‑005‑0110
Fiduciary Document Requirements 459‑005‑0130
Termination of Member’s Fiduciary 459‑005‑0140
Permissible Actions Under A Fiduciary Document 459‑005‑0150
Effective Date of Fiduciary Document Rules 459‑005‑0180
Incapacity of Members, Beneficiaries, and Alternate Payees 459‑005‑0210
Transmittal of Reports and Documents 459‑005‑0215
Transmittal of Remittances or Payments 459‑005‑0220
Receipt Date for Reports, Documents, Remittances, Payments, Data, and Requests 459‑005‑0225
Requirement to Make Payments by Electronic Funds Transfer 459‑005‑0250
Recovery of Administrative Costs 459‑005‑0260
Accounts Receivable — Fraud 459‑005‑0300
Post-Doctoral Scholar 459‑005‑0310
Date of Participation and Transfer of Employee Funds to the Optional Retirement Plan 459‑005‑0350
Membership Status of Persons in Concurrent Employment Eligible to Participate in an Optional or Alternative Retirement Plan 459‑005‑0370
Date of Participation and Transfer of Employee Funds to an Alternative Retirement Plan — OHSU 459‑005‑0400
General Applicability of Attorney General’s Model Public Contract Rules 459‑005‑0506
Plan Compliance with Federal Statutes and Regulations 459‑005‑0510
Cost-of-Living Adjustment 459‑005‑0525
Ceiling on Compensation for Purposes of Contributions and Benefits 459‑005‑0530
Limitation for Employers with Multiple Retirement Plans — for Contributions and Distributions Before January 1, 2000 459‑005‑0535
Annual Benefit Limitation 459‑005‑0540
Permissive Service Credit 459‑005‑0545
Annual Addition Limitation 459‑005‑0560
Required Minimum Distributions, Generally 459‑005‑0580
Trustee-to-Trustee Transfers 459‑005‑0590
General Provisions and Applicability Date — Direct Rollovers 459‑005‑0591
Definitions — Direct Rollovers 459‑005‑0595
Limitations — Direct Rollovers 459‑005‑0599
Election Procedures — Direct Rollovers 459‑005‑0600
Precedence for Pre-Tax and Post-Tax Deductions from Benefit Payment 459‑005‑0605
Reimbursement for Medical Records Requested by PERS 459‑005‑0610
Recovery of Overpayments 459‑005‑0615
Minimum Retroactive Payment 459‑005‑0620
Uncollectible Debt Owed to PERS
Last Updated

Jun. 8, 2021

Rule 459-005-0215’s source at or​.us