Category Archives: Public Employees Retirement System

Audit: PERS still shaky on natural disaster response

-State wants agency to strengthen its tech so retirees still get paid even when Mother Nature stirs up trouble.- The state’s public pension agency isn’t prepared for a major disaster like an earthquake or flood, and Oregonians’ personal information could be at risk if the agency doesn’t do more to protect its systems from attacks, […]
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Audit: Major disasters, cyberattacks threaten PERS

Secretary of state auditors found a disaster could threaten the agency’s ability to issue payments on time or to the right people. The state’s public pension agency isn’t prepared for a major disaster like an earthquake or flood, and Oregonians’ personal information could be at risk if the agency doesn’t do more to protect its […]
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Portland Community College bets on $200 million pension bond plan

As Oregon schools, municipalities and public agencies face another major increase in public pension costs come July, some are considering a risky solution. Issuing more pension debt. Source: Portland Community College bets on $200 million pension bond plan | OregonLive.com

PERS may be defining issue of Oregon’s governor race

Perhaps few issues more starkly delineate the views of Kate Brown and Knute Buehler in this fall’s gubernatorial election than Oregon’s public pension system. Though the Public Employees Retirement System has been a hot-button issue in the state for decades, the political pressure may never have been higher. Schools, municipalities and government agencies are panicking […]
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PERS Q&A: How many Oregon public pension retirees are there?

Q: How many PERS retirees are there? A: 145,863. Source: PERS Q&A: How many Oregon public pension retirees are there? | OregonLive.com

Oregon PERS: Here’s how many people get $100,000-plus

Pension reform proposals have been floated to put a $100,000 cap on annual benefits, though that might not pass legal muster. Q: How many PERS retirees receive $100,000 a year or more? A: Call them the one percenters, as in, about 1 percent of current PERS retirees get more than $100,000 a year in benefits. There […]
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PERS: A Q&A about Oregon’s public pension system

Source: PERS: A Q&A about Oregon’s public pension system | OregonLive.com

Editorial: PERS pain increases as election nears

Pension board to consider new rates Friday. As if to remind Oregonians why the upcoming election matters so much, the board that oversees the state’s public pension system will meet Friday to adopt employer-contribution rates for the next two years. Prepare to hear cries of “ouch” from government offices and school districts across the state. […]
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PERS: A Q&A about Oregon’s public pension system

This is the first of a weekly Q&A focused on the Oregon Public Employee Retirement System.  Q: How much does the average PERS recipient receive per month? Source: PERS: A Q&A about Oregon’s public pension system | OregonLive.com

PERS: 10 questions to the outgoing chair of Oregon’s public pension system

John Thomas, a Eugene financial consultant who has chaired the board of the Oregon Public Employees Retirement System for the past six years, ran his last meeting this month. It’s an obscure, unpaid and somewhat thankless position. But the PERS Board has enormous influence over the administration of the state’s retirement system. Source: PERS: 10 […]
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