Image provided by: SEIU Local 503; Salem, OR
About The Oregon state employee. (Salem, Oregon.) 1944-195? | View Entire Issue (April 1, 1949)
102 A political subdivision, other than a school district, may arrange w ith the retirem ent board to increase the amount of prior service credit to be granted its employes. Under certain conditions prior serv ice credit m ay be allowed for m ilitary service in World W ar I. > I Options available at retirem ent have been broadened so I that a m ember’s survivor m ay be included in total ben efits of the member. Under the old law these optional settlements w e r e f applicable only to the amounts pro?„ § id e d through the member’s own con tribution. I F ifty dollars per m onth is estab lished as a minimum disability bene fit, '^ fchose..® ^ ^ to qualfiy for such benefits. Under the old law a waiting per iod of I ninety d ay s was required before any disability payments could be made. Under the new law the ninety day waiting period is retained but at the eSS^gnY^ofhgtH'fe n n S S i dayj w W B S B i ^ ^ B i f the member is still d i S O ^ r etrow u y e payments for the ninety days are made to the mem ber. Under the new law survivorship options are available to the disabled member in the same manner as is permitted to members retiring because of superannuation. The law as amended, permits the retirem ent board to establish and maintain a reserve account to b e'U sW to prevent any deficit of moneys avail able for the payment of retirement al- lowances, due to interest fluctuations, changes in mortalitÿ^'r'axè, loss of in- vested capital or other unforseen cong btingenc^^j U n tilJ u ly 1, 1955, an employee who has reached the compulsory retirement age m ay petition to be continued in service for successive periods of one year ehch, bu|$such petition shall not be granted except upon his presenting /clear and convincing proof acceptable to his employer and the retirement board establishing his ability to per form the duties and that continued service on/his part is in the public I interest. This is in addition to, but , does not^replace the provision in the old law which ^permits the employer to recommend dhat the retention of an employe of retirement Kagb’ is in the public interest. Under> the amend- ed law retention of employes of re tirement age must be handled on''an individual basis, as no em ployer or adm inistrative head thereof is per m itt e d ® adopt a general policy to retain or not retao-ir each? and every, employe of retirem ent age. . I " A person at or beyond retirem ent lage^, m ay I be e l S f t , re-elected, ap pointed or reappointed to, and hold an a definite term (as fixed by statute or charter). During the period of bis service after reaching compul- sory retirement age the official (if he has elected to ’"participate in the sys tem) is required to contribute to the I B B e m e il i j fund and his retirem ent benefits shall be computed aspef^hig age at the time, he 7 ceases to hold office. No b er^ ^ B ^ ^ n R e p a i d to th e official^ ^ B ^ i^ l^ ah e^ ^ roiWues service in his official capacity. A fter June 30, 1951, a certificated telreBIr, who has attained the agefolj 50 and who is a member of tB ^ syiEem, may voluntarily retire on a reduced service retirem ent allowma B ^ w h ic h shall be the actuarial equivalent of the) ceBpairem ent allowance at the com pulsory retirem en t age. Under the amended la v W ertifica ted I S m o l g||^ehersB2SI retirem ent age, whether m em b eB of. t h B l sf e m o r not, may be employed b y any schooW »sa tr^ f^ oth er than those under, d e n ;^ ^ providing public in t^ B s tlB prov^ cW j the satisfaction of the retirem ent bodrd. When 111 employed such teachers shall B h t r ib u t e to the retirem en^ ystem .. Upon proper showing that an em er gency exists, retired members m ay bS em ploye/ftor any period not exceeding 600 hours in any fiscal year b y an y public em ployer, without in any w a y affecting the status,¿rdf the person as a pensioner of the retirem ent system. During such em ergency re-em ploy ment, w hich must be shown to be iri the public interest, no contributions t ° the retirement fund are to be mad© by the ;re-em ployed pensioner. A ny person retired forsu p eran n u aS ti@n between July 1, 1947, and August 1, 1949, is deemed eligible for employment (subject to civil service rules governing public employment^ by any public em ployer if the retir'ed 1 employe B b m its to the em ployer and
