reglab/housing_qa huggingface dataset:
OR Rev Stat § 238.697 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238 - Public Employees Retirement System|Section 238.697 - Requirements for issuance of bonds.

(1) Before a public body, or an intergovernmental entity formed pursuant to ORS 238.695, may authorize the issuance of bonds under ORS 238.694, the public body or intergovernmental entity must first: (a) Obtain a statistically based assessment from an independent economic or financial consulting firm regarding the likelihood that investment returns on bond proceeds will exceed the interest cost of the bonds under various market conditions; and (b) Make a report available to the general public that: (A) Describes the results of the assessment; and (B) Discloses whether the public body or intergovernmental entity has retained the services of an independent SEC-registered advisor. (2) The public body or intergovernmental entity shall transmit the assessment to the State Treasurer at least 30 days before issuing the bonds. (3) The State Treasurer shall provide to the State Debt Policy Advisory Commission an annual report on bonds issued under ORS 238.694. The report must describe each bond issuance under ORS 238.694 that took place on or after June 11, 2019, and that remains outstanding, including, for each issuance: (a) The actual interest rate owed over the term of the bonds; (b) The projected rate of return on the bond proceeds, as determined by the assessment required under subsection (1) of this section; and (c) The actual rate of return on the bond proceeds in the previous fiscal year and the cumulative rate of return on the bond proceeds. (4) As used in this section, "independent SEC-registered advisor" has the meaning given the term "independent registered municipal advisor" in 17 C.F.R. 240.15Ba1-1, as amended. [2019 c.355 §23]
OR Rev Stat § 238.698 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238 - Public Employees Retirement System|Section 238.698 - Funds diversion agreement.

(1) A public body, or a group of public bodies that enter into an intergovernmental agreement under ORS 238.695, that receives funds from any state agency may enter into a funds diversion agreement with the state agency for the purpose of paying the principal and interest on bonds issued under ORS 238.692 to 238.698, and any premium on those bonds. A diversion agreement entered into under this section must provide that: (a) Moneys payable to the public body or group of public bodies by the state agency from appropriations from the General Fund or any other source of moneys will be paid directly to a debt service trust fund established under ORS 238.696 in amounts equal to the debt service owed by the public body or group of public bodies; (b) The state agency must pay the amounts required under the funds diversion agreement to the debt service trust fund established under ORS 238.696 pursuant to the schedule specified in the agreement before paying any other amounts to the public body or group of public bodies; (c) The agreement is irrevocable; and (d) The agreement will remain in effect until all the bonds issued by the public body or under the intergovernmental agreement are mature or redeemed. (2) A school district, education service district or public charter school may not enter into a funds diversion agreement to divert more than the amount of funds received by the district or public charter school from the State School Fund. (3) If for any reason a state agency that has entered into a funds diversion agreement is not able to pay moneys to a debt service trust fund as contemplated by the agreement, the state agency shall give notice to the public body or group of public bodies within 30 days after the state agency is aware that the moneys will not be paid. (4) Nothing in this section, or in any funds diversion agreement entered into by a state agency under this section, may in any manner obligate the state or any state agency: (a) To pay any amount that a public body is not otherwise entitled to receive under law; or (b) To pay any principal or interest on bonds issued under ORS 238.692 to 238.698. [2001 c.945 §27; 2007 c.783 §81; 2019 c.355 §26]
OR Rev Stat § 238.700 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238 - Public Employees Retirement System|Section 238.700 - Enforcement of requirements of ORS chapters 238 and 238A.

All provisions of ORS 238.655, 238.705, 238.710 and 238.715 hereby are made applicable for enforcement of the requirements of this chapter and ORS chapter 238A. [Formerly 237.300; 1997 c.249 §71; 2003 c.733 §64]
OR Rev Stat § 238.710 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238 - Public Employees Retirement System|Section 238.710 - Mandamus against defaulting employer; appeal.

In addition to the remedies otherwise provided by ORS 238.705, the board may, by petition in usual form, apply to the circuit court for the county in which is located the public employer concerned, or the principal office or place of business of the public employer, for, and if warranted, to have issued, writs of mandamus to compel the public employer to supply to the board a true and complete list and employment records of the employer’s employees and all information concerning the employees that reasonably may be required and sought by the board in the petition. The writs, among other things, shall direct the defendant to make contributions to the retirement fund on account of the defendant’s employees as may appear, from records and information concerning the defendant’s employees, to be required by law. Either or both parties thereby aggrieved may appeal to the Court of Appeals from, or from any part of, the judgment of the circuit court in the proceeding, as in ordinary mandamus proceedings. [Formerly 237.311; 2005 c.22 §181]
OR Rev Stat § 238.720 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238 - Public Employees Retirement System|Section 238.720 - Rollover contributions; application against payments improperly made to retirees; rules.

(1) The Public Employees Retirement Board may accept rollover contributions from a retired member solely for the purpose of paying amounts claimed by the board as overpayments or other improperly made payments. The board may accept rollover contributions under this section only if the amounts contributed qualify for pretax rollover treatment under the federal income tax laws governing qualified retirement plans. (2) If the board accepts a rollover contribution under this section, the contribution shall be paid into the Public Employees Retirement Fund and credited against the amounts claimed by the board as overpayments or other improperly made payments. (3) The board shall adopt rules and establish procedures for determining whether a retired member will be allowed to make a rollover contribution under this section. Rules and procedures adopted by the board must ensure that the rollover contributions do not adversely affect the status of the Public Employees Retirement System and the Public Employees Retirement Fund as a qualified governmental plan and trust under federal income tax law. [2007 c.628 §2]
OR Rev Stat § 238.750 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238 - Public Employees Retirement System|Section 238.750 - Short title.

This chapter and ORS chapter 238A shall be known as the Public Employes’ Retirement Act of 1953. [Formerly 237.001; 2003 c.733 §67]
OR Rev Stat § 238A.010 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.010 - Computation of hours of service.

For the purpose of computing hours of service under this chapter, an eligible employee shall be credited with 40 hours of service for each calendar week in which the employee was employed in a qualifying position unless otherwise shown by records maintained by the participating public employer. [2003 c.733 §1a]
OR Rev Stat § 238A.030 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.030 - Information technology system.

Subject to such direction and oversight as may be provided by the Legislative Assembly, the Public Employees Retirement Board shall take all steps necessary to develop and implement a dedicated information technology system to manage the Oregon Public Service Retirement Plan established by ORS chapter 238A. The board shall ensure that the essential record keeping components of the information technology system are in operation as soon as practicable. The board shall ensure that the information technology system is designed to support the current and future business and technology needs of the Public Employees Retirement System arising out of the implementation of ORS chapter 238A. [2003 c.733 §83] Note: 238A.030 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 238A or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
OR Rev Stat § 238A.050 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.050 - Oregon Public Service Retirement Plan part of Public Employees Retirement System.

(1) The Oregon Public Service Retirement Plan is part of the Public Employees Retirement System and is administered by the Public Employees Retirement Board. (2) ORS 238.008, 238.225, 238.229, 238.235, 238.285, 238.410, 238.445, 238.447, 238.450, 238.455, 238.458, 238.460, 238.465, 238.470, 238.600, 238.601, 238.605, 238.610, 238.615, 238.618, 238.630, 238.635, 238.640, 238.645, 238.655, 238.660, 238.661, 238.665, 238.675, 238.692, 238.694, 238.695, 238.696, 238.698, 238.700, 238.705, 238.710 and 238.715 apply to the Oregon Public Service Retirement Plan. (3) The Oregon Investment Council shall invest the assets of the Oregon Public Service Retirement Plan as a part of the Public Employees Retirement Fund. Except as provided by subsection (4) of this section, the investment of Oregon Public Service Retirement Plan assets is subject to the provisions of ORS 293.701 to 293.857. The Oregon Investment Council may invest assets of the individual account program and pension program differently than the other assets of the Public Employees Retirement System. (4) Investment of the assets of the Oregon Public Service Retirement Plan is not subject to the limitations imposed by ORS 293.726 (6). (5) The board may contract with a private provider for the administration of the individual account program. The board is not subject to the provisions of ORS chapter 279A or 279B in awarding a contract under the provisions of this subsection. The board shall establish procedures for inviting proposals and awarding contracts under this subsection. [2003 c.733 §§3,3a; 2005 c.808 §§15,16; 2010 c.1 §5; 2013 s.s. c.3 §5]
OR Rev Stat § 238A.070 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.070 - Participation generally.

(1) All public employers participating in the Public Employees Retirement System on August 29, 2003: (a) Shall continue to be participating public employers for the purpose of the Oregon Public Service Retirement Plan; (b) Shall provide benefits under the pension program established under ORS 238A.100 to 238A.250 for eligible employees who are members of the pension program; and (c) Shall participate in the individual account program. (2) Any participating public employer that provided retirement benefits under ORS chapter 238 for some but not all of the employees of the participating public employer on August 28, 2003, need not provide benefits under the Oregon Public Service Retirement Plan for any class of employees who were not members of the system on August 28, 2003. (3) Any public employer that is not a participating public employer on August 28, 2003, may become a participating public employer under the pension program or the individual account program, or both. A public employer may become a participating public employer under this subsection only for the purposes of service performed by eligible employees of the public employer on or after the date the public employer elects to participate in the program. [2003 c.733 §4]
OR Rev Stat § 238A.100 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.100 - Establishing membership under pension program.

(1)(a) Except as provided by subsection (2) of this section, an eligible employee who is employed in a qualifying position on or after August 29, 2003, by a public employer that is participating in the pension program and who will not receive benefits under ORS chapter 238 for service with the participating public employer pursuant to the provisions of ORS 238A.025 becomes a member of the pension program on the first day of the month after the employee completes six full calendar months of employment. The six-month requirement may not be interrupted by more than 30 consecutive working days. (b) Employer contributions for new members of the pension program shall first be made under ORS 238A.220 for those wages that are attributable to services performed by the employee during the first full pay period following the six-month period, without regard to when those wages are considered earned for other purposes under this chapter. (2) A person who is elected or appointed to an office with a fixed term other than as a member of the Legislative Assembly, or who is appointed by the Governor to an office as head of a department, may elect not to become a member of the pension program by giving the Public Employees Retirement Board written notice not later than 30 days after taking office. An election under this subsection also operates as an election not to become a member of the individual account program. An election under this subsection is irrevocable during the term of office for which the election is made. [2003 c.733 §5; 2015 c.326 §1]
OR Rev Stat § 238A.110 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.110 - Termination of membership.

Membership under the pension program terminates when: (1) A member dies; (2) A member withdraws under ORS 238A.375; or (3) A member forfeits retirement credit under ORS 238A.145. [2003 c.733 §6; 2019 c.355 §4]
OR Rev Stat § 238A.115 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.115 - Vesting.

(1) Except as provided in subsection (2) of this section, a member of the pension program becomes vested in the pension program on the earliest of the following dates: (a) The date on which the member completes at least 600 hours of service in each of five calendar years. The five calendar years need not be consecutive, but are subject to the provisions of subsection (3) of this section. (b) The date on which an active member reaches the normal retirement age for the member under ORS 238A.160. (c) If the pension program is terminated, the date on which termination becomes effective, but only to the extent the pension program is then funded. (2) If on the date that a person becomes an active member the person has already reached the normal retirement age for the person under ORS 238A.160, the person is vested in the pension program on that date. (3) If a member of the pension program who is not vested in the pension program performs fewer than 600 hours of service in each of five consecutive calendar years, hours of service performed before the first calendar year of the period of five consecutive calendar years shall be disregarded for purposes of determining whether the member is vested under subsection (1)(a) of this section. (4) Solely for purposes of determining whether a member is vested under this section, hours of service include creditable service, as defined in ORS 238.005, performed by a judge member, as long as the membership of the person under ORS chapter 238 has not been terminated under the provisions of ORS 238.545. [2003 c.733 §7; 2011 c.722 §10; 2018 c.41 §1]
OR Rev Stat § 238A.117 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.117 - Vesting of member killed in course and scope of employment.

Notwithstanding ORS 238A.115, a deceased member of the Public Employees Retirement System shall be considered vested for all purposes under the pension program if: (1) At the time of death the member was an active member of the system; (2) The employer of the member certifies to the Public Employees Retirement Board that the member was killed in the course and scope of the member’s employment; and (3) At the time of death the member was not otherwise vested in the pension program under ORS 238A.115. [2013 c.589 §2] Note: 238A.117 was added to and made a part of ORS chapter 238A by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.
OR Rev Stat § 238A.120 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.120 - Withdrawal from pension program by vested inactive member.

An inactive member who withdraws from the individual account program under ORS 238A.375 cancels the person’s membership in the Public Employees Retirement System. If the person is thereafter reemployed by a participating public employer: (1) The person may reestablish membership in the pension program only for the purpose of service performed after the person is reemployed; and (2) Any service performed before the withdrawal may not be credited toward the period of service required by ORS 238A.100 or 238A.115 or toward the accrual of retirement credit under ORS 238A.140, 238A.150 or 238A.155. [2003 c.733 §8; 2005 c.152 §2; 2007 c.52 §2; 2019 c.355 §5; 2021 c.135 §4]
OR Rev Stat § 238A.125 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.125 - Amount of pension; rules.

(1) Upon retiring at normal retirement age, a vested pension program member shall be paid an annual pension for the life of the member as follows: (a) For service as a police officer or firefighter, 1.8 percent of final average salary multiplied by the number of years of retirement credit attributable to service as a police officer or firefighter. (b) For service as other than a police officer or firefighter, 1.5 percent of final average salary multiplied by the number of years of retirement credit attributable to service as other than a police officer or firefighter. (2) Notwithstanding any provision of ORS 238A.100 to 238A.250, the annual benefit payable to a member under the pension program and under any other tax-qualified defined benefit plan maintained by the participating public employer may not exceed the applicable limitations set forth in 26 U.S.C. 415(b), as in effect on April 1, 2021. The Public Employees Retirement Board shall adopt rules for the administration of this limitation, including adjustments in the annual dollar limitation to reflect cost-of-living adjustments authorized by the Internal Revenue Service. (3) The board shall make no actuarial adjustment in a member’s pension calculated under this section by reason of the member’s retirement after normal retirement age. [2003 c.733 §9; 2009 c.5 §2; 2009 c.909 §2; 2010 c.82 §2; 2011 c.7 §2; 2012 c.31 §2; 2013 c.377 §2; 2014 c.52 §2; 2015 c.442 §2; 2016 c.33 §3; 2017 c.527 §3; 2018 c.101 §3; 2019 c.319 §3; 2021 c.456 §4]
OR Rev Stat § 238A.140 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.140 - Accrual of retirement credit.

(1) An active member of the pension program accrues one year of retirement credit for each complete year of service and one-twelfth of a year of retirement credit for each full month and each major fraction of a month of service. (2) An active member who is a school employee shall be credited with at least six months of retirement credit if the member performs service for a major fraction of each month of a school year that falls between January 1 and June 30, and at least six months of retirement credit if the member performs service for a major fraction of each month of a school year that falls between July 1 and December 31. (3) When an eligible employee becomes a member under ORS 238A.100, the board shall credit the eligible employee with retirement credit for the period of employment required of the employee under ORS 238A.100. (4) A member may not accrue more than one full year of retirement credit in any calendar year. (5) For purposes of this section, "school employee" means: (a) A person who is employed by a common school district, a union high school district or an education service district; (b) An employee of an institution of higher education who is engaged in teaching or other school activity; and (c) An employee of the Department of Human Services, the Oregon Youth Authority, the Department of Corrections or the State Board of Education who is engaged in teaching or other school activity at an institution supervised by the authority, board or department. [2003 c.733 §11; 2005 c.332 §§4,21; 2007 c.769 §8; 2011 c.637 §75a] Note: Section 11a, chapter 733, Oregon Laws 2003, provides: Sec. 11a. Notwithstanding section 11 (2) of this 2003 Act [238A.140 (3)], if an eligible employee is employed by a participating public employer in a qualifying position on or after the effective date of this 2003 Act [August 29, 2003] and before January 1, 2004, and will not receive benefits under ORS chapter 238 for service with the participating public employer pursuant to the provisions of section 2 of this 2003 Act [238A.025], the Public Employees Retirement Board shall not credit the eligible employee with retirement credit for any period of employment required of the employee under section 5 of this 2003 Act [238A.100] that is performed before January 1, 2004. [2003 c.733 §11a]
OR Rev Stat § 238A.142 (2021)
2021 Oregon Revised Statutes|Volume : 06 - Local Government, Public Employees, Elections|Chapter 238A - Oregon Public Service Retirement Plan|Section 238A.142 - Accrual by academic employees of community college.

(1) An academic employee of a community college who during a calendar year is employed 0.375 full-time equivalent on a 12-month basis, or is employed 0.50 full-time equivalent on a nine-month basis, is considered to have performed 600 hours of service in the calendar year for all purposes under this chapter. (2) The governing body of a community college shall determine the duties of an academic employee of the community college that constitute a full-time equivalent in any discipline or academic activity for the purposes of this section. [2005 c.332 §20; 2007 c.769 §10]