Bill > SB757

This bill amends the Oregon Revised Statutes to expand the definition of salary for Public Employees Retirement System (PERS) members by modifying how housing allowances are treated for retirement calculation purposes. Specifically, the bill extends the existing provision for prison chaplains to now also include chaplains at Oregon Health and Science University (OHSU), allowing their housing allowances to be treated as if they were taxable income under Oregon law. This means that when calculating a chaplain's retirement benefits, their total compensation will include the housing allowance, potentially increasing their eventual retirement benefits. The bill specifies that these changes will apply to housing allowances paid before, on, or after the effective date of the act, but the amendments will only apply to PERS members whose retirement date is on or after the act's effective date. By making this change, the bill ensures more consistent treatment of housing allowances for chaplains working in different institutional settings within Oregon.

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https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB757