Or. Rev. Stat. » Oregon Revised Statutes

Or. Rev. Stat. § 238.250

Regular accounts

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      238.250 Regular accounts. The board shall provide for a regular account for each active and inactive member of the system who has made contributions to the fund. The regular account of the member shall show the amount of the member’s contributions to the fund and the interest which they have earned. The board shall furnish a written statement thereof upon request by any member or beneficiary of the system. [Formerly 237.275; 2001 c.945 §46; 2003 c.67 §22]

Notes of Decisions
Cited in 5 cases, 1996–2011 · leading case: Strunk v. Public Employees Retirement Board
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Strunk v. Public Employees Retirement Board (2005) or · cites it 16× “" *1081 In support of that assertion, petitioners note that ORS 238.250 (2001), which provided for the regular account (as that statute continues to do), has remained virtually unchanged since the adoption of the first state retirement act in 1945.”
City of Eugene v. State (2005) or · cites it 4× “In its ORCP 67 B judgment, the trial court concluded that, because ORS 238.250 (1999) [7] required all earnings, not otherwise statutorily required *1004 to be allocated for a specific purpose, to be credited to member accounts, PERB had breached the statutory contract, and thus…”
White v. Public Employees Retirement Board (2011) or “320, ORS 238.250. And, as this court held in Strunk , it must credit the assumed earnings rate on Tier One regular accounts and pay cost of living adjustments (COLAs) for retired members.”
Oregon State Police Officers' Ass'n v. State (1996) or · cites it 2× “If the individual account is credited with earnings for the previous year in an amount less than the earnings that would have been credited pursuant to the assumed interest rate for that year determined by the board, the amount of the difference shall be credited to the…”
Murray v. Public Employees Retirement Board (2010) orctapp “at 158 (explaining structure of PERS); ORS 238.250 (establishing regular accounts); ORS 238.”
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