Oregon Revised Statutes

Or. Rev. Stat. § 238A.305 (2026)

Persons establishing membership in system before August 29, 2003

✓ current as of May 2026

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238A.305 Persons establishing membership in system before August 29, 2003. (1) Except as provided in subsection (2) of this section, all members of the Public Employees Retirement System who established membership in the Public Employees Retirement System before August 29, 2003, as described in ORS 238A.025 become members of the individual account program on January 1, 2004.

(2) A member of the Public Employees Retirement System may not be a member of the individual account program during any period of time during which the member is required to make contributions to the system under ORS 238.200.

(3) Solely for the purpose of determining the amount of the employee contribution for persons who become members of the individual account program under this section, whether paid by the employee or by the employer, the Public Employees Retirement Board shall use the definition of “salary” provided by ORS 238.005. [2003 c.733 §33; 2005 c.332 §17; 2007 c.769 §3]

Notes of Decisions

Cited in 1 case, 2005–2005 · leading case: Strunk v. Pub. Employees Ret. Bd., 108 P.3d 1058 (Or. 2005).

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Strunk v. Pub. Employees Ret. Bd., 108 P.3d 1058 (Or. 2005). · cites it 2× “ORS 238A.305(1). As of January 1, 2004, those members' six percent contributions which remain mandatory now go into their IAP accounts, rather than into their regular accounts.”

— Or. Rev. Stat. § 238A.305(1) — 1 case

Strunk v. Pub. Employees Ret. Bd., 108 P.3d 1058 (Or. 2005). “ORS 238A.305(1). As of January 1, 2004, those members' six percent contributions which remain mandatory now go into their IAP accounts, rather than into their regular accounts.”

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