Home Must Reads Lawyer says proposed school board PERS changes are legal

Lawyer says proposed school board PERS changes are legal

| Print |  Email
Must Reads
Wednesday, March 13, 2013

Portland attorney William Gary said the Oregon School Boards Association's proposed changes to PERS benefits would be legal.

The OSBA has asked for a package of legislation that would cut back PERS benefits by at least $1 billion, and possibly as much as $2 billion, if it were to pass. It has heavy support from the Republicans, who used the reforms to create an alternative budget they presented last week after the Democratic budget committee co-chairs presented theirs.

The Democrats have consistently been skeptical about the legality of changes to retirees’ and Tier One and Two employees’ benefits, given past legislation that established firm contract rights for those employees. They have also proposed cuts, to the tune of $455 million, but their model is less well defined and would reduce retirees’ annual payments by much less.

Read more at The Statesman Journal.

{biztweet}pers school{/biztweet}

 

More Articles

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Is this employee right?

Contributed Blogs
Wednesday, August 13, 2014
081314 thumb employeefeelingsBY TOM COX | OB BLOGGER

When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”


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