Regional News

PERS Passes in the Oregon House with Mixed Reviews

The plan to make the Oregon Public Employee Retirement System affordable is either a great idea or a disaster waiting to happen; but whichever it is, it has passed the House.  Representative Jason Conger of Bend does not think the fixes to the money monster will work. The co-author of the plan is Representative Peter Buckley; he says it calls for reduced cost of living adjustments, and putting off increases in employer contributions. Critics say some of those fixes will sunset in two years and reignite the debate.

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