Oregon's investments may go public

Oregon's investments may go public

The Oregon Public Retirement Fund could become a public corporation.

State Treasurer Ted Wheeler and the Oregon Investment Council floated this idea in 2013, and the Senate Revenue Committee held a public hearing on the concept but never took a vote.

Wheeler announced Thursday that he and the council members are bringing the concept back in February’s Legislative session. They say the structure could save the state $2.7 billion in investment fees over two decades.

Read more at Statesman Journal