August 6, 2020
Media Contact: Heather Case, Senior Policy Advisor
Kevin Olineck, director of the Oregon Public Employees Retirement System (PERS), released the following statement on Thursday, August 6, following the Oregon Supreme Court's ruling in James v. State of Oregon, which upheld the challenged aspects of Senate Bill 1049 (2019), specifically the Member Redirect and Salary Limit components:
“In light of the Oregon Supreme Court's decision in James, PERS, the agency, will continue to administer and implement all aspects of Senate Bill 1049 as the law was written.
“We will keep creating additional materials and sharing information through our website, newsletters, and other publications to ensure nonretired public employees, and their employers, fully understand the Senate Bill 1049 changes. We strive to be public employees' retirement education resource and appreciate our members' and employers' patience and understanding as we work to implement all aspects of Senate Bill 1049."
The Oregon Public Employees Retirement System (PERS) serves the people of Oregon by administering public employee benefit trusts to pay the right person, the right benefit, at the right time. The Oregon Legislature is the “plan sponsor" for PERS, the system, and has the sole authority to determine the benefit structure for public employees.
PERS, the agency, administers the retirement system in partnership with more than 900 Oregon public employers, including school districts, special districts, cities, counties, community colleges, universities, and state agencies. PERS engages with more than 374,000 current and former Oregon public employees or their beneficiaries. PERS also administers the PERS Health Insurance Program, a health insurance program for retirees, and the Oregon Savings Growth Plan, a 457(b) voluntary deferred compensation program.