| History of the Oregon Educators Benefit Board |
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The Oregon Educators Benefit Board was created in 2007 when the Legislature passed Senate Bill 426. The law established a statewide insurance pool for employees and eligible retirees of Oregon’s school districts and education service districts, with oversight and management of the pool performed by the OEBB.
The law became effective upon its passing on March 21, 2007 due to a provision in the bill declaring it an emergency action.
Since then, the 10 members of the Board have assembled. The first “informational” meeting was June 22, 2007 in Salem. The Board, all members appointed by the Governor, became an official, acting body July 2, 2007 and has met twice a month since then.
Also, the initial administrative staff positions have been filled, and a plan created to ensure delivery of high-quality benefit plans to Oregon’s school and education service districts beginning October 1, 2008.
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