l9n/ Oregon

2017 Regular Session

Senate Bill 1068

Directs Public Employees Retirement Board to establish risk sharing account for member of individual account program of Oregon Public Service Retirement Plan.

Did not become law. It stopped in the Senate's Ways and Means Committee on July 7, 2017. The 2017 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Directs Public Employees Retirement Board to establish risk sharing account for member of individual account program of Oregon Public Service Retirement Plan. Directs board to apply amounts in risk sharing account to pay costs of pension or other retirement benefits payable to member earned on or after July 1, 2018. Requires board to allocate portion of employee contributions to risk sharing account. Directs board to adjust risk sharing contribution rate every two years based on changes in pension funding rates under Oregon Public Service Retirement Plan. Directs board to recalculate employer contribution rates to reflect savings attributable to Act. Provides for expedited review of Act by Supreme Court upon petition by adversely affected party. Declares emergency, effective on passage.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

Its course

June 5 to July 7, 2017, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action3 actions on 2 days

In the SenateJun 5 to Jul 7 · stopped32 days

Waiting for a committeeJun 5 to Jun 50 days

Ways and MeansJun 5 to Jul 7 · stopped32 days

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the Senate Jun 5 – Jul 7

  1. Jun 5Introduced
  2. Sent to Ways and Means
  3. Jul 7Died when the session ended
All 3 actions, as published
  1. Jun 5Introduction and first reading. Referred to President's desk.Senate
  2. Jun 5Referred to Ways and Means.Senate
  3. Jul 7In committee upon adjournment.Senate