The Oregon Savings Growth Plan (OSGP) is a 457(b)
deferred compensation plan that provides public employees with a convenient,
additional way to save for retirement. It allows employees to contribute a portion
of their salary on a pre- or post-tax basis.
Oregon Revised Statute (ORS) 243.474
authorizes the state to offer this plan to all Oregon public employers
including special districts, local governments, and school districts (special
districts, local governments, and school districts must adopt the plan through
action of their governing body).
We look forward to discussing how OSGP
can help meet your employer and employee needs to better prepare for successful
State agencies should contact:
Special districts, local governments,
and school districts should contact: