information
Microsoft CrowdStrike technology outage

Some City of Portland systems were impacted. Call 3-1-1 or 503-823-4000 with questions or non-emergency reports. Beware of cyber criminals impersonating CrowdStrike or other tech support. Information for City of Portland employees

5.09.050 Compensation Deferral.

City Code Section

(Amended by Ordinances 182168, 186746 and 187574, effective February 10, 2016.)

  1. A.  The amount of Compensation which may be deferred by a Participant shall be subject to the following limits:
    1. 1.  The minimum amount deferred shall not be less than $10 per pay period per plan election;
    2. 2.  The maximum amount of Compensation which may be deferred during a plan year shall not exceed the lesser of the dollar amount provided under IRC sections 457(e)(15) and 415(d).