District Manages Pension Costs Through PERS Side Account

The Sisters-Camp Sherman Fire District continues its participation in the Oregon Public Employees Retirement System, including a funded side account and membership in the State and Local Government Rate Pool. These arrangements have significantly reduced employer contribution rates and long-term pension liabilities.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Ongoing statutory participation in PERS with side account funding and SLGRP pooling; most recent transition liability was fully repaid in August 2024.

Document type

Budget

Source document

Sisters-Camp Sherman Rural Fire Protection District Adopted Budget Document 2026-05-04

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Other contracts from Oregon Public Employees Retirement System.

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APPROVED

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APPROVED

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Sisters-Camp Sherman Rural Fire Protection District Approved Budget Document 2026-2027

ONGOING

Sisters-Camp Sherman Rural Fire Protection District, Oregon$1,200,000 initial side account deposit plus $300,000 EIF match in 2019; $1,200,000 additional deposit plus $300,000 EIF match in FY 2025/26; $1,443,691 transition liability payoff in August 2024May 4, 2026

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City of Gearhart, Oregon$277,750 (employer contributions for year ending June 30, 2025)Dec 3, 2025

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APPROVED

Alsea School District 7J, OregonNov 10, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sisters-Camp Sherman Rural Fire Protection District?

Oregon Public Employees Retirement System was awarded this financial services contract by Sisters-Camp Sherman Rural Fire Protection District, as recorded on May 4, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a budget record.

Where was this contract approved?

This contract appears in Sisters-Camp Sherman Rural Fire Protection District Adopted Budget Document 2026-05-04 (Budget), dated May 4, 2026 from Sisters-Camp Sherman Rural Fire Protection District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oregon Public Employees Retirement System hold?

Oregon Public Employees Retirement System may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Oregon Public Employees Retirement System's profile

What is Sisters-Camp Sherman Rural Fire Protection District currently buying?

Explore Sisters-Camp Sherman Rural Fire Protection District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Sisters-Camp Sherman Rural Fire Protection District's profile

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by Sisters-Camp Sherman Rural Fire Protection District?

What type of contract is this?

Where was this contract approved?

What other contracts does Oregon Public Employees Retirement System hold?

What is Sisters-Camp Sherman Rural Fire Protection District currently buying?

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