Oregon Public Employee Retirement System benefits and investments are easily confusing. There are, however, a number of web sites and publications available to help people better understand the plan, its board and the division of responsibilities between the PERS board and the board that actually handles the investments, the Oregon Investment Council. 23 more words
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The Sunday New York Times briefly trained a national spotlight on Oregon’s underfunded public pension fund and the impact that increased pension payments are having on government employers around the state, despite increased overall budgets. 12 more words
New York Times highlights PERS payments, woes (Portland Tribune, 4/15/2018)
Oregon’s Public Employee Pension Woes Are National News (Willamette Week, 4/15/2018) 28 more words
Governments are struggling as mounting pension obligations crowd out the rest of their budgets. Oregon faces a severe, self-inflicted crisis.
A public university president in Oregon gives new meaning to the idea of a pensioner. 42 more words