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EMPLOYERS

​​​​EIF waitlist update​​​​​​​​

During the 2022 legislative session, additional General Fund dollars were approved for the EIF, allowing PERS to clear the EIF Cycle One waitlist. 

The Oregon Legislature appropriated $17,250,000 in General Funds to the EIF. When combined with the forecasted $19,500,000 in Sports Betting funding already anticipated to fund EIF by year-end 2023, these funds will provide sufficient matching dollars to offer a match for each of the 44 waitlisted payments.

To view the list of waitlisted payments, go to the Cycle One​ waitlist​.​

Cycle​ One results

The first cycle of the EIF closed on December 1, 2020. Despite having a portion of the funds rescinded by the legislature during budget rebalancing in August 2020, the program was financially beneficial for all employers. For details about Cycle One read the information below. For information about a future cycle of EIF, go to Future of EIF​.​


Funds matched for 2019: $41,555,879.58

Funds matched for 2020: $20,645,579.22

Employer Incentive Fund by the numbers

Where did the money go?

​​​​School districts
26
​Charter schools
5
Cities
23
Education service districts
3
Special districts​
22
Community college
1
​​Counties
8
State agency​
1​

EIF matches for Oregon counties

Co​unty​​​​EIF match​County​EIF match
​​Baker
​$100,000
​Lake
​$112,000
​Benton
​$4,861,723
​Lane
​$9,752,231.40
​Clackamas
​$2,178,690
​Lincoln
​$522,565
​Columbia
​$1,144,869.88
​Linn
​$701,183.95
​Crook
​$200,000
​Malheur
​$548,137.24
​Deschutes
​$7,201,084.74
​Marion
​$2,074,510.80
​Douglas
​$1,906,184.40
​Multnomah
​$16,367,719
​Gilliam
​$12,500
​Polk
​$92,158.50
​Grant
​$133,250
​Sherman
​$600,000
​Hood River
​$409,684.40
​Union
​$62,500
​Jackson
​$4,712,647.05
​Wasco
​$26,583.75
​Jefferson
​$806,250
​Washington
​$9,917,188.69
​Klamath
​$32,500
​Yamhill
​​​​$275,000​

Information through December 7, 2020.
EIF approved employers list.


Future of EIF

​Thank you to all employers who participated or expressed interest in the first cycle of the Employer Incentive Fund.

Ongoing funding for the Employer Incentive Fund will be provided by proceeds from sports betting, and PERS received the first transfer in December 2020. However, future funding is not expected to be as significant as the first EIF cycle's $100 million appropriation.

Cycle Two: Existing sports-betting funds are being used to provide matching funds for the waitlisted employers from Cycle One. Therefore, we are no longer expecting to open a second cycle in 2023. Instead, we will begin Cycle Two when the fund reaches a minimum of $25 million.  

As a reminder, as an employer, you can establish a side account at any time. Once you establish a side account, you can make up to two additional payments per side account per year with no additional fees. To learn more, read Employer Side Accounts​.


For assistance​​​​

If you have any comments, questions, or concerns, email Side.Account.Legislation@pers.state.or.us.

To receive updates on this topic, sign up for GovDelivery notifications.

  


EIF Cycle One waitlist​

Position​​​Employer nameLump-sum payment​EIF match
​​1Redmond School District
$1,000,000
$250,000 
​2City of Milwaukie
$3,061,369 
$765,342 
​3Lane County School District #28J
$200,000 
$50,000 
​4University of Oregon
$60,000,000 
$15,000,000 
​5Multnomah County
$25,000,000 
$6,250,000 
​6Tillamook People's Utility District
$1,500,000 
$375,000 
​7City of Klamath Falls
$2,558,123.40
$639,530.85
​8​
Portland Public Schools
$9,521,706.20
$2,380,426.55
​​9​City of Monmouth
$500,000 
$125,000 
​10
Gresham-Barlow School District
$3,000,000 
$750,000 
​11
Oregon Health and Science University
$10,000,000 
$2,500,000 
​12
Jefferson County
$750,000 
$187,500 
​13
Jefferson County
$250,000 
$62,500 
​14
4J Yamhill County School District - Amity School District 4j
$315,000 
$78,750 
​15
City of Brookings
$1,200,000 
$300,000 
​16
Jefferson County
$1,250,000 
$312,500 
​​17
City of Toledo
$500,000 
$125,000 
​18
Oak Lodge Water Services District
$300,000 
$75,000 
​19
Gilliam County
$1,200,000 
$300,000 
20
Oak Lodge Water Services District
$900,000 
$225,000 
​21
Wasco County 
$3,946,533 
$561,449.80
​22
Central Oregon Regional Housing Authority
$200,000 
$50,000 
​23
Clatsop County
$1,000,000 
$250,000 
​24
Oregon Cascade West Council of Governments
$600,000 
$150,000 
25
City of Yachats
$200,000 
$50,000 
26
City of Springfield
$2,400,000 
$600,000 
27
City of Grants Pass
$2,000,000 
$500,000 
​28
Western Lane Ambulance District
$150,000 
$37,500 
​29
City of Boardman
$1,200,000 
$300,000 
​30
Lincoln County
$300,000 
$75,000 
​31
City of Stayton
$250,000 
$62,500 
​32
Dayton school district #8
$200,000 
$50,000 
33
Yamhill County
$4,000,000 
$1,000,000 
​34
Yamhill Communications Agency
$500,000 
$125,000 
35
Oregon State Bar Professional Liability Fund
$500,000 
$125,000 
​36
Central Point School District No. 6
$500,000 
$125,000 
​37
Lake County
$1,318,148.60
$329,537.15
​38
Columbia River Fire and Rescue
$150,000 
$37,500 
​39
City of Molalla
$200,000 
$50,000 
40
City of Madras
$150,000 
$37,500 
41
City of Umatilla
$510,000 
$127,500 
​42
Silver Falls Library District
$177,870 
$44,467.50
​43
David Douglas School District (Multnomah County School District #40)
$4,450,000 
$1,112,500 
44
Coburg Community Charter School
$200,000 
$50,000