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Pension Obligation Bonds
money
 
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)
 
 

Assessment Rates

Payroll Earned During
POB Assessment Rate
Nov. 1, 2003 through 4/30/2004
-0- % of PERS subject payroll
 
May 1, 2004 through 10/31/2004
7.39% of PERS subject payroll
 
Nov. 1, 2004 through 10/31/2005
6.71% of PERS subject payroll
 
Nov. 1, 2005 through 4/30/2006
6.45% of PERS subject payroll
 
May 1, 2006 through 12/31/2007
6.20% of PERS subject payroll 
 
Jan. 1, 2008 through 10/31/2011 
5.95% of PERS subject payroll 
 
Nov. 1, 2011 through 9/30/2013 
6.33% of PERS subject payroll 
 
​Oct. 1, 2013 until revised ​6.7% of PERS subject payroll
  
 

Contact for More Information
 
For questions about an agency's POB assessment, please contact the following Department of Administrative Services staff: 
 
Bret West, Enterprise Goods & Services
503-378-5526 

Mark Miedema, Chief Financial Office 
503-378-4735