OAR 459-075-0060
Vesting in the OPSRP Pension Program

For the purpose of determining vesting under ORS 238A.115 (Vesting)(1)(a):

(1)

Hours of service performed for all participating public employers during a calendar year are included.

(2)

Hours of service performed during the six-month period required to establish membership under ORS 238A.100 (Establishing membership under pension program) are included.

(3)

For calendar years beginning on or after January 1, 2004, hours of service will be determined based on hours reported to PERS by the member’s employer(s) pursuant to OAR 459-070-0100 (Employer Reporting).

(4)

An eligible employee first employed by a participating public employer on or after August 29, 2003 and before January 1, 2004 is presumed to have performed less than 600 hours of service in calendar year 2003 unless records provided to PERS establish that the eligible employee performed at least 600 hours of service in the calendar year.

(5)

Hours of service attributable to periods of active membership before termination of membership under ORS 238.095 (Termination of membership) and hours of service excluded under ORS 238A.120 (Withdrawal from pension program by vested inactive member) and 238A.145 (Loss of retirement credit) may not be included.
(6) An eligible employee who has established membership in the OPSRP Pension Program but has not vested in that program prior to becoming a judge member, as defined in ORS 238.500 (Definitions for ORS 238.500 to 238.585)(3), may use hours of service worked as a judge member solely for the purpose of vesting in the OPSRP Pension Program so long as:
(a) The membership of the person has not been terminated under the provisions of ORS 238.545 (Withdrawal of member account) or 238A.110 (Termination of membership); and
(b) The judge member’s effective date of retirement is on or after January 1, 2018.

Source: Rule 459-075-0060 — Vesting in the OPSRP Pension Program, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=459-075-0060.

Last Updated

Jun. 8, 2021

Rule 459-075-0060’s source at or​.us