Oregon Statutes 656.211 – Average weekly wage defined
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As used in ORS § 656.210 (1), ‘average weekly wage’ means the average weekly wage of workers in covered employment in Oregon, as determined by the Employment Department, for the last quarter of the calendar year preceding the fiscal year in which compensation is paid and as computed by the Employment Department as of May 15 of each year. [1973 c.614 § 4; 1990 c.2 § 6]
Terms Used In Oregon Statutes 656.211
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.