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Local News

Republican Candidate for State Treasurer Puts PERS at Center of Campaign


Cox ran for Governor as the Libertarian candidate in 2002.  He's a successful consultant, author and speaker who lives in Portland.

 

He has put reforming the public employees retirement system at the center of his campaign.

 

He believes PERS is broken and is eating Oregon alive.  He feels you have to honor the retirement agreements already approved.

 

But going forward, Cox wants to turn PERS into a definted contribution plan -- like a typical 401 K.

 

Cox says the state treasurer should provide honest, candid accounts of the financial health of PERS and educate lawmakers and the public on all their options.


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