Category Archives: State Treasury

State, OSU Move Ahead On Elliott State Forest Transfer Plan

A proposal to transfer ownership of the Elliott State Forest from the state to Oregon State University is taking a small step forward. The Oregon Department of State Lands says it is prepared to sign a framework agreement — called a memorandum of understanding — with the University Tuesday that will allow the two to […]
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Oregon Treasurer Tobias Read apologizes for College Savings Plan transition problems

Oregon Treasurer Tobias Read apologized Friday to Oregon College Savings Plan participants for the account access and customer service problems they’ve encountered since the program transitioned to a new program administrator four months ago. “We fell short on a number of the customer service standards you deserve and have come to expect,” Read said in […]
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Oregon College Savings Plan transition still rocky for some

Four months after the Oregon College Savings Plan switched plan administrators and promised snazzy, new service upgrades to its 109,000 accounts, the plan’s website still lacks some basic information and functionality, and some users claim the administrator is dropping the ball in processing transactions. Source: Oregon College Savings Plan transition still rocky for some

Oregon Treasury, other states push gun safety reforms on manufacturers

Oregon has joined a coalition of states intent on changing how they invest money in the firearms industry to push gun safety reforms. The move by the Oregon State Treasury — which manages the multi-billion-dollar Oregon Public Employees Retirement Fund — reflects an increased level of scrutiny for gun-related manufacturers not just from the halls of Congress, but from low-profile […]
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Retirement program OregonSaves now available for workers statewide

OregonSaves, the state-run retirement savings program, is opening its doors to any working Oregonian who wants to put away money for the future. The program also has found an enthusiastic audience in Oregonians aged 18 to 35, who make up more than half of those enrolled. Source: Retirement program OregonSaves now available for workers statewide

Oregon Treasurer’s Office Raises Question About Secretary of State Dennis Richardson’s Ability to Delegate Authority

Should Richardson step down due to health challenges, Gov. Kate Brown will appoint a Republican to replace him. State Treasurer Tobias Read’s office has asked the Oregon Department of Justice whether the Oregon’s second-ranking elected official, Secretary of State Dennis Richardson, can legally delegate his position on the State Land Board. Source: Oregon Treasurer’s Office […]
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Oregon’s transition to new college savings plan hits bumps, bugs

Bend developer Mark Smuland was more than a little surprised last Friday when he tried to sign into the Oregon College Savings Plan to pull out money to cover tuition payments to the University of Oregon for his two children. Source: Oregon’s transition to new college savings plan hits bumps, bugs |

Oregon Treasury To Host Sustainable Investing Conference

Oregon State Treasury is hosting a free conference on sustainable investing next week to look at how the state and individual Oregonians can account for climate change when making investment decisions. The state treasurer is convening a free conference in Portland, exploring the topic of sustainable investing. The daylong event is scheduled for Thursday, Sept. 6. […]
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State treasurer plans local summit on sustainable investing

Tobias Read invites state and national investment experts for session next month in Portland. Source: State treasurer plans local summit on sustainable investing

Oregon expands investment options in college savings program

Oregon is expanding investment options available to state residents who enroll in a college savings program. More than 100,000 Oregonians are enrolled in the 18-year-old Oregon College Savings Program. Those enrolled qualify for tax deductions and can make tax-free investments to save for college or career training. Source: Oregon expands investment options in college savings […]
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