Blogging Employee Benefits

January 29, 2006

Overpayment Reimbursement Method Approved by Oregon PERS

Filed under: PERS — Fuguerre @ 8:11 am

Oregon PERS Information reports on the Oregon Public Employees Retirement Board’s unanimous adoption this past Friday of repayment methods for overpayments relating to Strunk v. Public Employees Retirement Board [OR Sup.Ct., SC S50593, 3/8/05] from “window retirees” who retired from Oregon public service between April 1, 2000, and March 31, 2004. Amounts that are not voluntarily repaid in a single lump sum are to be deducted from annuitants’ monthly benefit checks. [Oregon Administrative Rule 459-005-0610, as revised. Adoption of OAR 459-005-0610, Recovery of Overpayments, pp 85ff]

On January 17, a class action lawsuit was filed in Multnomah Circuit Court by retirees seeking to block the repayment plan. [Arken v. City of Portland] As pointed out by Oregon PERS Information, retirees will also be able to challenge the detailed invoices that will be sent out by the retirement system.

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