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PERs Debate To Begin in Oregon House


It’s one of the most controversial issues in Oregon; a push to make changes to the Public Employee Retirement System. And the debate on PERs reform is expected to start soon in the Oregon House Business and Labor Committee. Jason Conger of Bend says a serious debate on PERs reform is starting in Salem. "PERs reform is absolutely necessary and the reason is because our current system ties too much future obligation and unfunded liability that has to be paid in the future and because of the recession and because of the Market crash we are now having to fund that to a great extent. “ Conger says PERs has become too rich and too generous. Meantime; on the other side, the Director of the Oregon State Firefighters Council says people who are criticizing the system have painted a lopsided picture. Bob Livingston says they've failed to acknowledge the big PERs reforms done in 2003, and the problems with PERs have been exaggerated. 

 

 

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