Pension Obligation Bonds |
|
|
|
|
|
Oregon state government uses bonds to fund its employees' pension program. State agencies are assessed a rate to pay these pension obligation bonds (POB), according to the schedule below.
Instructions for 2008 (doc)
Assessment Form (doc)
|
Assessment Rates |
|
Payroll Earned During
|
POB Assessment Rate
|
Nov 1, 2003 through 4/30/2004
|
-0- % of PERS subject payroll
|
May 1, 2004 through 10/31/2004
|
7.39% of PERS subject payroll
|
Nov 1, 2004 through 10/31/2005
|
6.71% of PERS subject payroll
|
Nov 1, 2005 through 4/30/2006
|
6.45% of PERS subject payroll
|
May 1, 2006 through 12/31/2007
|
6.20% of PERS subject payroll
|
January 1, 2008 until revised
|
5.95% of PERS subject payroll
|
|
Contact for More Information |
|
For questions about an agency's POB assessment, please contact the following Department of Administrative Services staff:
Jim Russell, Operations Division
(503) 378-2349, ext. 301
Mark Miedema, Budget and Management Division
(503) 378-4735
|
|
|
|