OAR 459-080-0500: Limitation on Contributions

Edition: Current OARD snapshotEffective: 2026-04-03Last verified: 2026-09-07

(1) For purposes of this rule, “annual addition” has the same meaning given the term in 26 U.S.C. 415(c)(2). (2) Except as otherwise provided in this rule, the annual addition to a member account for any calendar year may not exceed $72,000 effective January 1, 2026. (3) If a payment of employee contributions for a period of military service is made under OAR 459-080-0100: (a) The payment shall be allocated as an annual addition to the calendar year(s) of military service to which it relates; and (b) For the purpose of determining the amount of the payment under this section, the member’s compensation shall be determined under OAR 459-080-0100(3)(d).

Official history and status

Statutory/Other Authority: ORS 238A.450

Statutes/Other Implemented: ORS 238A.370

History: PERS 6-2026, amend filed 04/03/2026, effective 04/03/2026 PERS 5-2025, amend filed 03/31/2025, effective 03/31/2025 PERS 3-2024, amend filed 04/01/2024, effective 04/01/2024 PERS 7-2023, amend filed 04/04/2023, effective 04/04/2023 PERS 4-2022, amend filed 03/28/2022, effective 03/28/2022 PERS 4-2021, amend filed 03/29/2021, effective 03/29/2021 PERS 5-2020, amend filed 05/29/2020, effective 05/29/2020 PERS 3-2019, amend filed 04/01/2019, effective 04/01/2019 PERS 4-2018, amend filed 04/03/2018, effective 04/03/2018 PERS 1-2017, f. & cert. ef. 1-27-17 PERS 7-2015, f. & cert. ef. 5-29-15 PERS 3-2014, f. & cert. ef. 1-31-14 PERS 3-2013, f. & cert. ef. 3-29-13 PERS 8-2012, f. & cert. ef. 3-28-12 PERS 21-2003, f. 12-15-03 cert. ef. 1-1-04

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Official source: https://secure.sos.state.or.us/oard/