The Oregon state employee. (Salem, Oregon.) 1944-195?, April 01, 1949, Page 12, Image 12

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    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