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.