4
upon separation at com pulsory re tire
m ent age or th ereafter, as com puted
by the retirem ent board in accordance
w ith the unm odified or nonoptional
plan is less th an $5.00 p er m onth shall
be so notified in w riting by v th e re
tirem ent board and w ithin 30 days a f
ter the date of such notification may,
by w ritten notificafio® to th e re tire
m ent board, elect to receive as a cash
refund in lieu of any and all re tire
m ent allowance,, th e sum of his own’-het
norm al contributions to the retirem ent
fund plus an equal am ount c o n t r i b u t e
by his Employer or em ployers to such
fund, plus the sum of his own excess
contributions. A m e m b e S w h o , on
Ju ly 1, 1951, is ?drawing a service re
tirem ent alowance of less than $5.00
per m onth in accordance w ith fke-' u n
modified plan, m ay p rior to Ja n u a ry 1,
1952 arrange w ith the retirem en t
board to receive as a cash refund in
lieu of any and all fu rth e r retirem en t
allowance the unused portion ofH jH
own net norm al contributions to the
retirem ent fund plus an equal am ount
contributed by; his em ployer or em -
ployers to such fund, ,pius any unused
excess contributions rem aining to his
credit.”
This m easure M jg p ro v id e s lfor the
w ithdraw al of exce lW p ntributions as
follows: “Any m em ber other than one
who is receiving a -retirem ent O lo w -
ance, who has m ade ^ ^ r o rih uWWis to
the retirem ent fund in excess of the
am ount required to be m atched by his
em ployer or em ployers, m ay , up on ap
plication th erefo r to the re tire m cM
board, receive a cash refund of such
net excess contributions; provided,
however, th at after Ju ly 1, 1952 no
m em ber will be p erm itted to w ithdraw
such excesis contribi^^K S if he is w ith
in five years of e a rlie s ffs e rv i^ re tire
m ent age.”
Senate Bill 230 allows retu rn in g w ar
veterans to reestablish doveragjj u n
der the system b y depositing in a
lump sum the am ount they w ould have
contributed had they rem ained in the
state service. The state w ill m atch
that deposit.
The rem aining b ills, (som e 14 of
them ) are still in com m ittee.
It is in connection w ith this p a rt of
the OSEA legislative program th a t the
w riter w ishes to publicly com m end the
m em bers of th e S enate C om m ittee on
L abor and In d u stries fo r th e o u ts|a n d -
Imb they did on this group of proposed
am endm ents to the re tire m en t law. It
was not a pleasan t task to study and
w eigh th e m erits of those proposed
arnendm enf^ je a c h in som e degree 'im -
B jrtant* to a group of public employees
and com^ ^ u j w ith a program accept
able to all. The OSEA ’is m indful of
the insight a n d l t e ^ ^ ® ^ ™ show n by
this com m ittee.
The OSEA too, is g ra te fu l to S ena
to r^ H itc h tw k . chairm an; Senator
B rady, v ice-ch airm an and Senators
M arsh, W ilson, Sm ith, ~ L inEWgeff-jgfand
Lam port, th e in dividual m em bers of
th e L abor . and In d u strie s’’ C om m ittee
f i Bgfrth'eir in tere st in th e retirem en t
program and the courtesy show n the
OSEA R epresentative. The OSEA
w ishes also, at this tim e to pay gfa re-
spect to w j o | S e n ^ S lE n g d a h l who
served- on this com m ittee u n tiljfrfiej
tim e of his death. He w as a friend of
OSEA, faith fu l and just.
^ ^ me m e m b e rs S w w ^ ^ ^ s ^ p p m h te d
because the leg islatu re could not see
its w ay clear to increase the m axim um
salary lim it on whichgp p l em ployer
w ould m atch. A n attem p t w as m ade
by the Oregon E ducation Association,
The A m erican F ed eratio n of State,
C ounty and M unicipal Em ployees, A.
F. of L., the C ity of P o rtlan d and
OSEA to increase this m axim um to an
'am ount above $3000. The S enate L a
bor and rh W s m ^ ^ H lo m m itt^ ^ ^ e ti the
m axim um at $3600 b u t the W ays and
M ea^^@ om m itt| | | ^ ould not concur,
therefore the m axim um m atching; re -
m a iiO a t $3000. A n o th er facto r e n te r
ed in tM th i^ p u i ^ cm^aw^.ia^E>f the
m easure. m I m s m em p ld i^ ^ ^ |w h d s ^ ^ a ia |
aries w ere in thdffiffiO to $3600 b ra ck
et opposed the increase, th e rB ^ ^ n
bei'ng^ttiey could not stan d any fu r
th er decrease in th e ir tak e-h o m e pay.
The OSEA m e m b e r ^ |w m ^ ^ ^ ^ ^
are in the h ig h er b ra ck ets and who
w f f |H B t o ^ S ^ ^ S K t h i s ; - . m axim um
werdglyery m uch in the m inority. Ac
tually a great nu m ^ ^ g o f B a le em
p loyees who w ould receive the most
benefit from such an am endm ent are
not m em bers oftgOSEA. T he m ajo rity
of the L aw and Legislation Com m i^
(G pntinued on P age 22)