(1) The premiums and administrative costs incurred by the Oregon Department of Administrative Services for the insurance provided for in ORS § 243.005 to 243.045 shall be paid by the affected public employers and shall not come from funds of the Public Employees Retirement System.

(2) Every public employer shall include in its budget amounts sufficient to pay the annual premiums accruing on the policies of insurance issued pursuant to ORS § 243.005 to 243.045, and amounts sufficient to reimburse the Oregon Department of Administrative Services for its administrative expenses incurred under ORS § 243.005 to 243.045. [Subsection (1) enacted as 1971 c.692 § 9; subsection (2) enacted as 1971 c.692 § 10]

[Amended by 1955 c.203 § 4; 1959 c.162 § 3; repealed by 1971 c.692 § 14]