§ 238.600 System established; legislative intent
§ 238.601 Legislative findings and intent; administration of system
§ 238.605 Actuarial report on system; determination of unfunded actuarial liability
§ 238.606 Independent review of actuarial report on system; reports
§ 238.607 Actuarial equivalency factor tables
§ 238.608 Separate actuarial equivalency factor tables for certain police officers and firefighters
§ 238.610 Administrative expenses of system; rules
§ 238.615 Revolving fund for payment of administrative expenses
§ 238.618 Exclusion of employer or employee from system to maintain tax qualification
§ 238.622 Report on changes to actuarial methods and assumptions

Terms Used In Oregon Statutes > Chapter 238 > Administration > Public Employees Retirement System

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fiduciary: A trustee, executor, or administrator.
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • Violate: includes failure to comply. See Oregon Statutes 174.100