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The Public Employees Retirement System (PERS) is the retirement and disability fund for public employees in the U.S. state of Oregon established in 1946. Employees of the state, school districts, and local governments are eligible for coverage. A health insurance plan for covered retirees was added to the program in 1987.
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
"Other postemployment benefits" is an accounting concept created by the Governmental Accounting Standards Board (GASB) by pronouncements designed to address expenses that entities may or may not be legally bound to pay, but pay as a moral obligation. The applicable GASB statements are:
The 81st Oregon Legislative Assembly was the legislative session of the Oregon Legislative Assembly that convened on January 11, 2021 and adjourned June 26th. Its even-year short session of 35 days convened on February 1, 2022 and adjourned sine die on March 4, 2022.
Maximus Inc. is an American government services company, [1] with operations in countries including the United States, Canada, and the United Kingdom. [2] Maximus provides administration and other services for Medicaid, Medicare, health care reform, welfare-to-work, and student loan servicing, among other government programs.
Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.
Oregon's biennial state budget, $2.6 billion in 2017, comprises General Funds, Federal Funds, Lottery Funds, and Other Funds. [56] Oregon is one of only five states that have no sales tax. [57] Oregon voters have been resolute in their opposition to a sales tax, voting proposals down each of the nine times they have been presented. [58]
The Oregon Legislative Assembly [a] is the state legislature for the U.S. state of Oregon. The Legislative Assembly is bicameral , consisting of an upper and lower chamber : the Senate , whose 30 members are elected to serve four-year terms; and the House of Representatives , with 60 members elected to two-year terms.