Oregon Saves SB 164

OregonSaves SB 164

SB 164 would assess civil penalties to businesses that fail to comply with the Oregon Retirement Savings Program requirements. OSCC joined other employer groups in supporting the -3 amendment to SB 164:

®1. Gives all businesses, regardless of size, two years to get in to compliance;
2. Caps civil penalties, so businesses are not on the hook for unknown costs; and
3. Ensures that training and education are the first steps towards compliance.