ORS 243.884: Oregon Educators Revolving Fund; continuous appropriation to board; purposes; rules; moneys paid into fund.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) There is created the Oregon Educators Revolving Fund, separate and distinct from the General Fund. Moneys in the Oregon Educators Revolving Fund are continuously appropriated to the Oregon Educators Benefit Board to cover the board’s expenses incurred in connection with the administration of ORS 243.860 to 243.886. Moneys in the Oregon Educators Revolving Fund may be retained for limited periods of time as established by the board by rule. Among other purposes, the board may retain the funds to pay premiums, control expenditures, stabilize premiums and self-insure. The board may establish subaccounts within the Oregon Educators Revolving Fund. (2) The following moneys shall be paid into the Oregon Educators Revolving Fund: (a) All unused employer contributions for benefit plans; (b) All refunds, dividends, unused premiums and other payments attributable to an employee contribution or employer contribution made from a carrier that has provided benefit plans administered by the board; and (c) All interest earned on the moneys in the fund. [2007 c.7 §13]
Official history and status
History: Note: See note under 243.860.
Administrative rules citing this section
- OAR 111-001-0005: Uniform and Model Rules of Procedure — authority
- OAR 111-002-0005: Powers and Duties of the Board — authority
- OAR 111-005-0020: Definitions — authority
- OAR 111-005-0042: Intermediate Procurement Process — authority
- OAR 111-005-0047: Renewal Process — authority
- OAR 111-005-0055: Responsible Proposer — authority
- OAR 111-005-0080: Contract Amendments — authority
- OAR 111-010-0015: Definitions — authority
- OAR 111-015-0001: Eligible Individuals — authority
- OAR 111-020-0001: Initial Employee Group Phase-in — authority
- OAR 111-020-0010: Entities Electing to Join OEBB — authority
- OAR 111-030-0010: Medical, Pharmaceutical, Dental and Vision Plan Selection Criteria — authority
- OAR 111-030-0011: Bronze Medical Plan Offering — authority
- OAR 111-030-0035: Optional Benefit Plans Selection Criteria — authority
- OAR 111-030-0040: Long Term Care (LTC) Benefit Plan Selection Criteria — authority
- OAR 111-030-0045: Employee Assistance Program (EAP) Plan Selection Criteria — authority
- OAR 111-030-0046: Development of Health Savings Accounts (HSA) — authority
- OAR 111-030-0047: Development of Flexible Spending Accounts — authority
- OAR 111-030-0050: Premium Rate Structure Selection Process and Limitations — authority
- OAR 111-040-0001: Effective Dates — authority
- OAR 111-040-0005: Termination Dates — authority
- OAR 111-040-0011: Returning to Benefit Eligible Status — authority
- OAR 111-040-0015: Removing an Ineligible Individual from Benefit Plans — authority
- OAR 111-040-0020: Open Enrollment — authority
- OAR 111-040-0025: Correcting Enrollment and Processing Errors — authority
- OAR 111-040-0030: Late Enrollment — authority
- OAR 111-040-0040: Qualified Status Changes (QSCs) — authority
- OAR 111-040-0050: Declination of Coverage — authority
- OAR 111-040-0055: Surcharges — authority
- OAR 111-050-0001: Continuation of Group Medical and Dental Insurance Coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA) — authority
- OAR 111-050-0010: Eligibility for Retiree Insurance Coverage — authority
- OAR 111-050-0015: Medical, Dental and Vision Termination Dates for Early Retirees — authority
- OAR 111-050-0016: Life and Accidental Death and Dismemberment Termination Dates for Early Retirees — authority
- OAR 111-050-0020: Initial Enrollment — authority
- OAR 111-050-0025: Effective Dates — authority
- OAR 111-050-0030: Correcting Enrollment and Processing Errors — authority
- OAR 111-050-0035: Late Enrollment — authority
- OAR 111-050-0045: Termination Dates — authority
- OAR 111-050-0050: Removing an Ineligible Individual from Benefit Plans — authority
- OAR 111-050-0060: Continuation of Coverage for Eligible Employees Covered under the Federal Family Medical Leave Act — authority
- OAR 111-050-0065: Continuation of Coverage for Eligible Employees Covered under the Oregon Family Leave Act — authority
- OAR 111-050-0070: Continuation of Coverage for Eligible Employees during an Approved Leave of Absence. — authority
- OAR 111-050-0075: Continuation of coverage for Eligible Employees on Active Military Service — authority
- OAR 111-050-0080: Portability and Conversion of Coverage — authority
- OAR 111-080-0001: Payment Methods and Dates — authority
- OAR 111-080-0005: Overpayments and Underpayments — authority
- OAR 111-080-0030: Appeals and Administrative Reviews — authority
- OAR 111-080-0040: Eligibility and Policy Term Violations — Definitions — authority
- OAR 111-080-0045: Eligibility Violations — authority
- OAR 111-080-0050: Policy Term Violations — authority
- OAR 111-080-0055: Eligibility Verifications and Reviews — authority
- OAR 111-080-0060: Dependent Eligibility Verifications and Review Appeals — authority
- OAR 111-080-0070: Exempt Hospitals — authority
This rule cites
- ORS 243.860 — resolved
- 243.886 — resolved
Cited by
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors243.html