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Pension Obligation Bonds
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Oregon state government uses bonds to fund its employees' pension program. State agencies are assessed a rate to pay these pension obligation bonds (POB), according to the schedule below.
Instructions (doc)
Assessment Form (doc)
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| Assessment Rates |
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Payroll Earned During |
POB Assessment Rate |
Nov 1, 2003 through 4/30/2004
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-0- % of PERS subject payroll
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May 1, 2004 through 10/31/2004
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7.39% of PERS subject payroll
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Nov 1, 2004 through 10/31/2005
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6.71% of PERS subject payroll
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Nov 1, 2005 through 4/30/2006
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6.45% of PERS subject payroll
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May 1, 2006 through 12/31/2007
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6.20% of PERS subject payroll
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January 1, 2008 through 10/31/2011
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5.95% of PERS subject payroll
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| November 1, 2011 until revised |
6.33% of PERS subject payroll |
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| Contact for More Information |
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For questions about an agency's POB assessment, please contact the following Department of Administrative Services staff:
Jim Russell, Enterprise Goods & Services Division
503-378-3553
Mark Miedema, Budget and Management Division
503-378-4735
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