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Operations Division

Pension Obligation Bonds
money
 
Oregon state government uses bonds to fund its employees' pension program. State agencies are assessed a rate to pay these pension obligation bonds (POB), according to the schedule below.
 
Instructions (doc)
 
Assessment Form (doc)
 
 

Assessment Rates

Payroll Earned During
POB Assessment Rate
Nov 1, 2003 through 4/30/2004
-0- % of PERS subject payroll
 
May 1, 2004 through 10/31/2004
7.39% of PERS subject payroll
 
Nov 1, 2004 through 10/31/2005
6.71% of PERS subject payroll
 
Nov 1, 2005 through 4/30/2006
6.45% of PERS subject payroll
 
May 1, 2006 through 12/31/2007
6.20% of PERS subject payroll
 
January 1, 2008 until revised
5.95% of PERS subject payroll
 
 
 

Contact for More Information
 
For questions about an agency's POB assessment, please contact the following Department of Administrative Services staff:
 
Jim Russell, Operations Division
503-378-3553 

Mark Miedema, Budget and Management Division
503-378-4735