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

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...

I Know How You Feel

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

Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


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...

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

The Bookseller

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

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


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