OregonSaves: Oregon Retirement Mandate for Employers

OregonSaves covers Oregon employers with 1+ employees that do not offer a qualifying retirement plan. Counting rule: Any employer with one or more employees (OAR 170-080-0010: employment in 18 separate weeks or $1,000 quarterly payroll); count taken from the Oregon Quarterly Tax Report. No years-in-business requirement; new employers register by July 31 of the following year.

Up to $100 per eligible employee per year, capped at $5,000 per year. The penalty is in force; no public record of assessments yet.

• Passed: All tiers (100+ through 1–2 employees), July 31, 2023

Newly eligible employers: July 31 each year.

If your group's date has passed and you have not registered, register or certify an exemption now.

ORS 178.200–178.260, 178.990(1)(a); OAR 170-080-0010/-0015/-0020. Official program: OregonSaves official site. Verified September 17, 2026.

You must take part if your business has at least one employee in Oregon and you do not offer a qualified retirement plan, such as a 401(k) or SIMPLE IRA. The section above explains exactly how Oregon counts your employees.

Every announced OregonSaves deadline has passed. If you have not registered or certified an exemption, do it now.

You could owe up to $100 a year for each eligible employee, with a yearly ceiling of $5,000. No assessments have been made public so far.

Offer your own qualified retirement plan and certify it with OregonSaves. What counts in Oregon: a plan under 401(a)/401(k), 403(a)/403(b), SEP (408(k)), SIMPLE (408(p)), 457(b), 413(c) or 414(f); payroll-deduction IRAs do not qualify; Certificate of Exemption required.

OregonSaves spares you from running a plan, but it allows no employer match and caps each saver at the IRA limit ($7,500 for 2026). A 401(k) allows up to $24,500 per employee for 2026, lets you add a match, and credits can offset much of the startup cost for eligible employers.