Republicans introduce PERS bill

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Wednesday, June 12, 2013

In attempt to advance budget negotiations, Republican senators introduced a bill outlining their caucus’ wish list for reforms to the Public Employees Retirement System.

Gov. John Kitzhaber has spent recent weeks trying to reach a compromise between House and Senate Democrats and Republicans that would include revenue increases and cuts to the cost of PERS. The deal would provide an unprecedented $7 billion for K-12 education and more money for mental health care, Kitzhaber has said.

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Reader comments:

"I feel private enterprises are capable of operating at a higher efficiency than state government."

"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."


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