Oregon Supreme Court Rules Against Large Portion of PERS Cuts

By Jim McCoy Thu 30th April NewsOregon Sumpreme CourtPERS

The Oregon Supreme Court says some of the 2013 cuts to public-employee retirement benefits are unconstitutional.

The court's ruling on Thursday wipes out much of the savings that lawmakers were aiming for.Read More »

Oregon Public Pension Finances Looking Better

By Jim McCoy Wed 30th July NewsPERS
A report on Oregon's public pension system says curbing retiree benefits and higher-than-expected investment returns have eased the pressure on rates that governments pay. The Oregonian ( ) reports the unfunded liability of the Public Employees Retirement System has shrunk nearly by half - to $8.5 billion as of the end of 2013. As a result, the average contriRead More »

Budget Panel Approves Democratic Proposal for PERS Reform

By Jim McCoy Fri 5th April NewsOregon legislaturePERS
The budget committee of the Oregon Legislature has approved a Democratic effort to curb pension benefits to the full Senate. The committee supported the legislation in a party-line vote Friday. Republicans objected, saying the savings are too small to effectively deal with rising pension costs. They also objected to plans to push $350 million worth of payments into future years.Read More »

Democratic Pension Bill Moves Forward In Oregon Legislature

By Jim McCoy Thu 28th March NewsbudgetOregon legislaturePERS
An Oregon Senate committee has advanced a Democratic plan to cut pension benefits for retired government workers. In a 3-2 party-line vote Thursday, the Senate Rules Committee sent the measure to the budget committee.Read More »

State Treasurer Questions PERS Growth Assumptions

By Jim McCoy Fri 27th July NewsPERSTed Wheeler

Oregon Treasurer Ted Wheeler is asking state pension officials to reconsider growth assumptions that some believe are too optimistic.
Read More »


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