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District notifies employees of third‑party 403(b) vendor data breach; free credit monitoring offered

2164894 · January 30, 2025
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Summary

Parkrose informed employees a Christmas‑period data breach at its third‑party retirement vendor exposed personal information; the district is contracting a replacement vendor and offering one year of free credit monitoring to affected employees.

Parkrose School District informed employees of a data breach at a third‑party vendor that manages 403(b) distributions. The superintendent told the board the incident occurred over the winter break and affected employees’ personally identifying information, including names and Social Security numbers; retirees may also be affected.

The district has notified affected employees, engaged insurance counsel and contracted a different third‑party provider to assume the vendor liaison role so employees can continue to access retirement services without interruption. The district offered one year of free credit‑monitoring through a national identity service (IDX); employees must enroll individually.

Finance staff said they are still assessing the depth of the breach, working with insurers and attorneys, and will send formal letters to employees with next steps. The district said it will continue to cooperate with affected employees and provide resources as details emerge.

Ending: The district said it will inform staff when additional information is available and will publish instructions for enrollment in credit‑monitoring services.