Oregonians invited to participate in bipartisan PERS solutions work group

Sen. Tim Knopp and Sen. Betsy Johnson Salem, Ore. – Recognizing that significant Oregon challenges require strong bipartisan teamwork and solutions, Senator Betsy Johnson (D – Scappoose) and Senator Tim Knopp (R – Bend) invite interested Oregonians to participate in … Continue reading

Posted by at 05:00 | Posted in PERS, Public Employees Retirement System | Leave a comment

Solutions to PERS problems are available

by Sen. Doug Whitsett The Oregon Public Employee Retirement System (PERS) announced more bad news last month. Its unfunded liability has increased more than 20 percent, from $18 billion to $21.8 billion. The retirement system is now only 71 percent … Continue reading

Posted by at 05:08 | Posted in PERS, Public Employees Retirement System | 6 Comments

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 | 7 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

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

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