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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) Notwithstanding ORS 352.087 and 352.102 and section 169, chapter 768, Oregon Laws 2013, the amendments to ORS 243.107 and 351.094 [renumbered 352.237] by sections 88 and 113, chapter 768, Oregon Laws 2013, and the operative date set forth in section 171, chapter 768, Oregon Laws 2013, until July 1, 2019, each university with a governing board shall continue to participate with other public universities listed in ORS 352.002 in all shared administrative services relating to:
(a) The following employee benefits:
(A) Group insurance or deferred compensation plans authorized by ORS 352.237;
(B) The Public Employees Retirement System or another plan authorized under ORS chapter 238 or 238A;
(C) The Optional Retirement Plan authorized by ORS 243.800; and
(D) A public university tax-deferred investment plan that obtains the advantages of 26 U.S.C. 403(b) and is authorized by ORS 243.820; and
(b) Collective bargaining with any statewide bargaining unit that includes employees of two or more public universities listed in ORS 352.002.
(2) During the period a public university listed in ORS 352.002 is required to participate in shared administrative services under subsection (1) of this section, the public university must provide the same scope and overall value of each employee benefit listed in subsection (1)(a) of this section as is required by the statutes referenced in subsection (1)(a) of this section.
(3) The shared administrative services listed in subsection (1) of this section must be done under the same terms, conditions, funding model and policy frameworks as those that exist on August 14, 2013, until July 1, 2015. On and after July 1, 2015, public universities listed in ORS 352.002 may choose to participate in shared services under an alternative shared services model.
(4)(a) Two or more public universities listed in ORS 352.002 may participate in shared services not described in subsection (1) of this section, including but not limited to shared services involving legal services and information technology.
(b) If a public university listed in ORS 352.002, or a community college, negotiates a contract with one or more third party financial firms, as defined in ORS 348.015, to provide disbursement and management services of financial aid funds, or management of financial accounts, to enrolled students, the public university or community college shall undertake reasonable efforts to establish collaboration agreements with other public universities or community colleges to negotiate the services.
(5)(a) A university with a governing board shall participate in shared services providing for maintenance of federal tax benefits relating to state bonds issued for the benefit of the university prior to April 30, 2015, unless the university opts out of shared services as described in paragraph (b) of this subsection.
(b) A university with a governing board may opt out of the shared services described in paragraph (a) of this subsection only if the Oregon Department of Administrative Services has adopted rules under ORS 286A.863 relating to standards, terms and conditions for maintaining federal tax benefits that apply to universities with governing boards that opt out of shared services described in paragraph (a) of this subsection.
(c) As used in this subsection, “federal tax benefits” has the meaning given that term in ORS 286A.830.
Cite this article: FindLaw.com - Oregon Revised Statutes Education and Culture § 352.129 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-30-education-and-culture/or-rev-st-sect-352-129/
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