Oregon 2017 Regular Session Status: In Committee 1 R cosponsors

SB 560 — Relating to public employee retirement.

Last action — In committee upon adjournment.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2017 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Redirects employee contributions made by member of system from individual account program to account to be used to pay for member's pension or other retirement benefits accrued on or after January 1, 2018. For years beginning in 2018, caps at $100,000 annual salary used to calculate final average salary for purposes of Public Employees Retirement System. Directs Public Employees Retirement Board to recalculate employer contribution rates to reflect savings attributable to Act. Provides for expedited review of Act by Supreme Court upon petition by adversely affected party.

Bill Text

We don't have the full text on file for this bill yet.

Read SB 560 on the official Oregon source →

Action History

  1. In committee upon adjournment.

  2. Referred to Ways and Means by Order of the President.

  3. Recommendation: Without recommendation as to passage but w/amendments and requesting referral to Ways and Means. (Printed A-Eng.)

  4. Work Session held.

  5. Public Hearing held.

  6. Public Hearing held.

  7. Public Hearing held.

  8. Referred to Workforce.

  9. Introduction and first reading. Referred to President's desk.

Sponsors

Sponsorship breakdown

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2 sponsors · 8 co-sponsors · 80 not signed on · 2 voted No

Sponsors (2)

Co-sponsors (8)

Not signed on (80)

80 members have not signed on to this bill.

Show all 80 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 560 do?
Redirects employee contributions made by member of system from individual account program to account to be used to pay for member's pension or other retirement benefits accrued on or after January 1, 2018. For years beginning in 2018, caps at $100,000 annual salary used to calculate final average salary for purposes of Public Employees Retirement System. Directs Public Employees Retirement Board to recalculate employer contribution rates to reflect savings attributable to Act. Provides for expedited review of Act by Supreme Court upon petition by adversely affected party.
Who sponsors SB 560?
SB 560 is sponsored by Bill Hansell, Kim Thatcher (Republican), Alan Olsen, Mike Nearman, Ted Ferrioli, Jeff Kruse, Herman Baertschiger Jr., Brian Boquist, Tim Knopp, and Jackie Winters.
What is the current status of SB 560?
This bill died with 2017 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 560?
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Last checked for changes 3 months ago · updated continuously

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