oregon pers news

Read the latest news on the Oregon legislature and PERS. JOIN US! Join the Coalition! We need to find a solution to reforming PERS. The League of Oregon Cities: "Cities need relief from the unsustainable costs of PERS!".

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The PERS Health Insurance Program (PHIP) has scheduled New Enrollment presentations throughout the year in the Portland Metro area, Salem and surrounding areas and Bend, for those retirees who will become Medicare eligible whether due to turning 65 years of.

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News by Topic Back To Main Menu. It found that Oregon PERS’ negative cash flow as a percentage of its assets (before investment earnings) was higher than all but five state pension.

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IAP Target-Date Funds. Beginning in 2018, IAP accounts shifted from a one-size-fits-all investment format to customized IAP Target-Date Funds designed by the Oregon Investment Council (OIC) for Oregon public employees.. Review questions and information about the change.. 2018 member annual statements also include a special insert about the OIC investment strategy change.

“As a veteran school board chairman, I’ve personally witnessed the strain on school budgets due to escalating pers costs. We need to find a way to honor previous commitments to our hard-working employees yet find a way to make sound financial changes moving forward.”

Former Oregon Gov. Ted Kulongoski is leading a new initiative drive that would ask voters to reduce some public employee retirement benefits to help reduce the costs of the financially troubled.

Oregon legislative leaders on Friday released their own plan for grappling with the financially troubled pension system for the state’s public employees – and it has some key differences from.

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PERS’ annual Member Satisfaction Survey is live through May 31, 2019. Thank you for sharing your feedback. In compliance with the Americans with Disabilities Act, PERS will provide these documents in an alternate format upon request. To request this, contact PERS at 888-320-7377 or TTY 503-603-7766.

 · Musings from too close to the crypt. Random thoughts, valentines, and vitriol from an aging and increasingly cranky boomer who’s tired of the public flogging he’s taken as an Oregon Public Employee and now as a retired public employee drawing his PERS pension.