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

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


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