2018 Legislative Session
Several bills were approved during the 2018 legislative session that impact PERS administration. We are currently planning the implementation of those bills and will update this page with more information as it becomes available.
House Bill 4159 and Senate Bill 1566 do not impact member benefits but will be of particular interest for PERS members and stakeholders.
House Bill 4159 would have provided limited member choice in Individual Account Program (IAP) investments starting January 1, 2019. However, following a review mandated by HB 4159, Oregon State Treasury has determined that, if implemented as originally drafted, this legislation would violate their legal and fiduciary standards.
Senate Bill 1566 relates to employer contribution rates to PERS.
We encourage members to look up information about bills approved during the 2018 session on the Oregon Legislature’s website.