Sponsored by Energy Trust

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

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...

The short list: 5 companies making a mint off kale

The Latest
Thursday, November 20, 2014
kale-thumbnailBY OB STAFF

Farmers, grocery stores and food processors cash in on kale.


Read more...

The short list: 5 hot coffee shops for entrepreneurs

Contributed Blogs
Friday, November 14, 2014

CupojoeBY JESSICA RIDGWAY

Oregon entrepreneurs reveal their favorite caffeine hangouts.


Read more...

Water World

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

Fred Ziari aims to feed the global population.


Read more...

Kill the Meeting

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Meetings get a bad rap. A few local companies make them count.


Read more...

Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


Read more...

Corner Office: Pam Edstrom

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits of information from an agency partner and co-founder of Waggener Edstrom in Lake Oswego.


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