Oregon Statutes 243.450 – Disclosure statement; contents
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The Public Employees Retirement System shall give each eligible state employee who enters into a deferred compensation contract under the state deferred compensation plan, prior to the deferral of any part of that employee’s salary, a disclosure statement in writing that contains information regarding the options available under the plan for the investment of deferred compensation, including the probable income and probable safety of the moneys deferred, that persons of reasonable prudence and discretion require when determining the permanent disposition of their funds. [1977 c.721 § 12; 1991 c.618 § 6; 1997 c.179 § 11]
Terms Used In Oregon Statutes 243.450
- Contract: A legal written agreement that becomes binding when signed.