An agreement executed pursuant to ORS § 243.820 by an employee who is subject to ORS Chapter 238 or 238A, or a similar retirement program for public employees, in no way affects the contributions to be made or the benefits to be provided for such employee under ORS Chapter 238 or 238A or the other similar program. Reduction of salary or forgoing a salary increase by a stated amount under ORS § 243.820 shall not be deemed a reduction in salary for the purpose of such contributions and benefits. [1965 c.606 § 3; 1999 c.130 § 7; 2003 c.733 § 70]

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