Section 238.730 - [Operative until 7/1/2042] Unfunded Actuarial Liability Resolution Program(1) The Public Employees Retirement Board shall establish an Unfunded Actuarial Liability Resolution Program. Under the program, the board shall provide technical expertise to manage projected employer contribution rate changes. Funding plans developed under the program must be based on actuarial reports prepared under ORS 238.605.(2) A participating public employer shall participate in the program.(3) The board may use moneys in the Employer Incentive Fund established in section 1, chapter 105, Oregon Laws 2018, for reasonable administrative costs incurred under this section.Amended by 2021 Ch. 135, § 7, eff. 1/1/2022. 2018 c. 105, § 26; 2019 c. 355, § 54 The amendments to 238.730 by section 55, chapter 355, Oregon Laws 2019, become operative July 1, 2042. See section 64, chapter 355, Oregon Laws 2019. The text that is operative on and after July 1, 2042, including amendments by section 8, chapter 135, Oregon Laws 2021, is set forth for the user's convenience.