Oregon’s unfunded PERS liability climbs to $21.8 billion

Oregon Senate Republicans Fair, Constitutional PERS Reform Options Available Salem, Ore. – Today, the Oregon Public Employee Retirement System (PERS) Board will receive a report from their financial actuary firm Milliman showing PERS’ unfunded liability has risen to $21.8 billion. … Continue reading

Posted by at 10:11 | Posted in Oregon Senate, PERS, Public Employee Unions, Public Employees Retirement System | 8 Comments

Gov. Kate Brown’s tax hike hypocrisy

Sen. Ted Ferrioli and Rep. Mike McLane Career politicians are often accused of talking out of both sides of their mouth. After a 25-year career in politics, Gov. Kate Brown is perfecting the art of saying one thing while doing … Continue reading

Posted by at 05:00 | Posted in Gov. Kate Brown, IP28, Obamacare, PERS, Public Employee Unions, State Budget | 8 Comments

Public Employees Unions Facilitate Corruption

At a social gathering recently I was asked why I was so hard on the public employee unions and said hardly a word about the private sector unions. Had I had the May 31 edition of the Wall Street Journal … Continue reading

Posted by at 05:00 | Posted in Corruption, Crony capitalism, Government corruption, PERS, Public Employee Unions | 24 Comments

Report: State employee salaries rising while K-12 underfunded

Oregon Senate Republicans LFO Report Reveals State Employee Salaries Rising While K-12 Education Budget Remains Underfunded Salem, Ore. – Last week, Oregon’s Legislative Fiscal Office (LFO) reported the average cost for a state employee in 2015, including salary and benefits, … Continue reading

Posted by at 06:52 | Posted in Education, PERS, Public Employee Unions, State Budget | 3 Comments

Are Oregon public employees becoming a privileged class?

by Sen. Doug Whitsett Last September, my office and the Senate Republican Caucus asked the Oregon Department of Administrative Services (DAS) and Legislative Fiscal Office (LFO) to determine both the average and median compensation for Oregon state employees. Completing the … Continue reading

Posted by at 05:00 | Posted in PERS, Public Employee Unions, Public Employees Retirement System, State Budget, State Government, State Taxes | 15 Comments

PERS liability falls $8 billion short of 2015 target

by Sen. Tim Knopp Senator Knopp Warns of Budget Cuts if Legislature Fails to Fix PERS Now Bend, Ore. – Earlier this week, Oregon’s Public Employee Retirement System (PERS) Board received an earnings report on the current status of the … Continue reading

Posted by at 08:02 | Posted in Education, PERS, Public Employees Retirement System, State Budget | 30 Comments

Dem Legislature underfunded K-12 by an additional $29M

Oregon Senate Republicans Bipartisan Committee Says Majority Democrats Left Education $1.8 Billion Short Salem, Ore. – On Thursday, the Joint Special Committee on Public Education Appropriation revised an earlier assessment of K-12 education funding, approving a report stating Oregon schools … Continue reading

Posted by at 05:00 | Posted in Education, OR 78th Legislative Session, Oregon Senate, PERS, State Budget | 5 Comments

2017 PERS rate increases: Growing cost to Oregon schools

Sen. Tim Knopp PERS rates projected to almost double in next 9 years Salem, Ore. – Last week, Senator Tim Knopp (R-Bend) responded to the adoption of 2017 Public Employee Retirement System (PERS) advisory rates estimated to cost school districts … Continue reading

Posted by at 05:38 | Posted in Education, Oregon Senate, PERS, Public Employees Retirement System, State Budget | 26 Comments

Sen. Knopp’s survey top priorities: Forest management and PERS reform

Press Release Bend, Ore. – Senator Tim Knopp (R-Bend) released the results of his 2016 session legislative survey for the constituents of Senate District 27. Constituents were asked to share their top priorities for the 2016 session, and two pieces … Continue reading

Posted by at 07:59 | Posted in Natural Resources, PERS, Public Employees Retirement System, Timber | 7 Comments

Oregon facing $3 billion budget crisis next biennium (2017-19)?

by Sen. Jeff Kruse (R-Roseburg) The big news this week was the revenue forecast, which is up an additional $463 million. This means there is an additional $1.75 billion in this budget cycle. On the front end we should keep … Continue reading

Posted by at 07:49 | Posted in Government Spending, Obamacare, OR 78th Legislative Session, PERS, State Budget | 9 Comments

A Generational Mistake

By Steve Buckstein The Oregon Supreme Court last week struck down key 2013 legislative reforms to the Oregon Public Employee Retirement System (PERS) that would have saved taxpayers billions of dollars. The Court in effect added some $5 billion back … Continue reading

Posted by at 04:30 | Posted in Economy, Government reform, Oregon Government, PERS, Public Employee Unions, Public Employees Retirement System, State Government, State Taxes, Taxes | Tagged , , , | 21 Comments

PERS decision will cost Oregon more than $1 billion

by Sen. Doug Whitsett Cost of Oregon Supreme Court reversal of 2013 PERS reforms will be well more than $1 billion – “Not a single one of those dollars will go towards hiring teachers, police officers, librarians, paving roads or … Continue reading

Posted by at 07:15 | Posted in Oregon Supreme Court, PERS, Public Employee Unions, Public Employees Retirement System | 22 Comments

Progressive Policies Lead to a Lousy Economy

The state of the economy is, in a word, LOUSY. The friends of President Barack Obama – the bankers and moneychangers on Wall Street – are doing just fine. They have improved their wealth – without contributing to the expansion … Continue reading

Posted by at 05:00 | Posted in Economy, Employment, Government Regulation, Hillary Clinton, Oregon Government, PERS, Preident Bill Clinton, President Obama, Public Employee Unions | 21 Comments

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