Home Must Reads PERS benefits better than neighboring states

PERS benefits better than neighboring states

| Print |  Email
Must Reads
Tuesday, February 26, 2013

Oregon public employees get better retirement benefits and contribute much less toward them than in neighboring states, a new PSU study found.

The study has not been finalized, but the executive summary is circulating in Salem and its conclusions could add fuel to the ongoing legislative debate over the Public Employee Retirement System. Budget shortfalls are forcing lawmakers to consider new ways to rein in rapidly increasing pension costs. Gov. John Kitzhaber has proposed three pension reforms, and legislators have introduced a host of bills to tackle the problem.

Comparisons of the public employee benefits are notoriously difficult to make given the many flavors of retirement formulas, contribution policies and rules governing the treatment of unused sick leave, vacation time and overtime in benefit calculations. The PSU study attempted to hold most of the equation constant to get a reasonable basis of comparison.

Read more at OregonLive.com.

{biztweet}pers{/biztweet}

 

More Articles

Political Clout

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...

Reimagining education to solve Oregon's student debt and underemployment problems

News
Thursday, November 13, 2014
carsonstudentdept-thumbBY RYAN CARSON | OP-ED CONTRIBUTOR

How do we skill up our future technology workforce in a smart way to take advantage of these high-paying jobs? The answer shouldn’t focus only on helping people get a bachelor’s degree.


Read more...

OB Poll: Wineries and groceries

News
Friday, October 24, 2014

24-winethumbA majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS