Common use of PERS Liability Clause in Contracts

PERS Liability. In accordance with ORS 236.610(7), any PERS unfunded liability or surplus shall be paid or credited to or by the party that was the employer at the time the unfunded liability or surplus accrued.

Appears in 4 contracts

Samples: Intergovernmental Agreement, Joint Office of Homeless Services Intergovernmental Agreement, Employee Transfer Agreement

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PERS Liability. A. In accordance with ORS 236.610(7), any PERS unfunded liability or surplus shall be paid or credited to or by the party that was the employer at the time the unfunded liability or surplus accrued.

Appears in 2 contracts

Samples: Employee Transfer Agreement, Employee Transfer Agreement

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