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About The Oregon state employee. (Salem, Oregon.) 1944-195? | View Entire Issue (April 1, 1951)
27 ers, age 50) b y filin g his w ritten a p p li cation w ith the retirem ent board fo r such benefits. S u c h b en efit accou nt shall be established on the first d ay of the m onth in w h ich the ap p licatio n is received b y the retirem ent board or the first day o f the m onth fo llo w in g the date of separation, w h ichever is the later, and in no case shall be retro active to an earlier date. aries em ployed b y R etirem ent B o ard . the P u b lic Em ployes R ule N o. 25 U pon proper application b y the em p lo y er, v o lu n ta ry firem en as a u n it are eligible for m em bership even though all other e m ployes of th at em ployer are exclu d ed . R u le N o . 22 R u le N o. 26 U p to and in clu d in g Ju n e 30, 1951 any m em ber fo u n d to be in cap acitated , who has attained the age of 60 (police o fficers or fire m en , age 55; certifie d teachers, age 50) shall be granted d isa b ility retirem ent b e nefits com puted on the sam e basis as service retirem en t b enefits provided in the act fo r service retirem ent after Ju n e 30, 1951, su b je ct to the $50,000 per m onth m inim u m d isa b ility retirem ent allow ance. F o r the purpose o f ca lcu la tin g d isab ility benefits the term “ his earliest service re tirem ent a g e ” shall be deem ed to be age 60 (polic o ffice rs and fire m en , age 55; cer tifica te d teachers, age 50.) Com pensable in ca p a city shall be deem ed to b egin at the date th ereo f fix e d in the report of the ch ie f m ed ical adviser, su b ject to the app roval o f the board but not in an y event a n ted atin g the last day for w hich such m em ber received com pensa tion as a p u b lic em ploye. U nless otherw ise agreed upon betw een the retirem ent board and the em ployer, the em ployer shall transm it to the retire m ent board not later th an the 15th d ay of each m onth the am ount o f em ploye contributions (payroll deductions) for the preceding calendar m onth together w ith corresponding em ployer contributions. U nless otherw ise agreed upon betw een the retirem ent board and the em ployer, the em ployer shall transm it to the re tire m ent board not later th an the 15th d ay of each J u ly , on form s fu rn ish ed b y the board, an item ized statem ent o f a ll e m ploye contributions (payroll deductions) fo r the p receding fis c a l year. R ule N o . 23 T he fix e d term of an appointive office is the term fix e d b y statute or m u n icip al charter. R u le N o. 24 A p u b lic em ployer entering the system a fter J u l y 1, 1946 w ill not be charged for a n y cost estim ates prepared b y the re g u lar o ffice s ta ff of the retirem ent system , but shall p ay on ly the cost of estim ates com puted fo r it in advance b y the a ctu Tires - Batteries «PAGE” R u le N o. 27 Interest earnings, less deductions p ro vided b y law , shall be added to a ll e m ploye and em ployer accounts at the end of each fisc a l year, based on the balance in each account at the end o f th at fisc a l year. W hen death, retirem ent or w ith d raw al o f contributions occurs du ring a period fo r w h ich no distribution of interest has been m ade, a m em b er’s interest shall be prorated for such period on the basis of the last previous annu al distribution rates w ith interest added fo r fu ll calendar m onths only. R u le N o . 28 R etirem ent allow ances, contrib u tion r e fund s, or an y other sums shall be paid Texaco Service - Brake Lining "AL” STEVENSON & MEFFORD 619 Court St., Salem, Oregon Phone 2-1931 Phone 2-3551 CEI T hat Home, Busi- I V jELCw 1 n e s s or Acreage OR INSURE y o ur PROPERTY Cluett and Kenyon, REALTORS Cluett and Freier, INSURANCE 1980 Fairgrounds Road Next Dr. to Willamette Valley Bank — Courtesy P arking — HOLLYWOOD FINANCE CO. 1980 Fairgrounds Road Salem, Oregon NO PARKING PROBLEMS “ For a R ea lly F rien d ly, Personal Finance S e rvice” Call Floyd Kenyon, Mgr. Phone 2-7032 Lie. M-369-S291
