Hastert and Goldschmidt: Justice Denied

Last Friday’s Wall Street Journal announced that former Speaker of the House Denny Hastert (R-IL) had been indicted for attempting to evade reporting requirements for bank withdrawals exceeding $10,000 and for lying to the Federal Bureau of Investigation (FBI) regarding … Continue reading

Posted by at 05:00 | Posted in Gov. Neil Goldschmidt, Public Employees Retirement System, Speaker Dennis Hastert | 10 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

Supreme Court PERS ruling: Sen. Tim Knopp calls for immediate action

Sen. Tim Knopp Salem, OR – Yesterday, the Oregon Supreme Court announced their decision to overturn major PERS reforms from the 2013 Grand Bargain that would have saved the state close to $5 billion in unfunded liability. “[Thursday] we lost … Continue reading

Posted by at 05:47 | Posted in OR 78th Legislative Session, Oregon Senate, Oregon Supreme Court, PERS, Public Employees Retirement System | 5 Comments

GOP leadership on Oregon Supreme Court PERS ruling

Oregon Senate Republicans Salem, OR – House Republican Leader Mike McLane (R-Powell Butte) and Senate Republican Leader Ted Ferrioli (R-John Day) issued the following joint statement regarding today’s Supreme Court decision to strike down the PERS reforms passed by the … Continue reading

Posted by at 09:14 | Posted in Oregon Supreme Court, PERS, Public Employees Retirement System | 8 Comments

Cascade Report Exposes $2.6 Billion in Unfunded Liabilities

By Kathryn Hickok Cascade Policy Institute has released a new report showing that Oregon public employers have more than $2.6 billion in unfunded actuarially accrued liabilities associated with non-pension benefits promised to current and future retirees. Referred to as “Other … Continue reading

Posted by at 01:14 | Posted in Economy, Government reform, Government Spending, Leadership, Oregon Government, Oregon House, Oregon Senate, PERS, Portland, Portland Politics, Public Employee Unions, Public Employees Retirement System, Public Transportation, State Budget, State Government, Taxes, Transportation, TriMet | Tagged , , , , | 12 Comments

‘Gas-guzzling’ PERS drains effectiveness of our tax dollars

by Dan Lucas Imagine every government fleet in Oregon had vehicles that only got 4 miles per gallon (MPG), and that on average private sector fleets had vehicles that got 22 MPG. Assuming an average of 12,000 miles driven per … Continue reading

Posted by at 05:00 | Posted in PERS, Public Employees Retirement System | 30 Comments

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