Rep. Dennis Richardson (R-Central Point)
In a recent newsletter entitled the PERS Crisis, I reviewed the proposed PERS reforms offered by the Oregon School Board Association (OSBA). It focused on how crucial it is for Oregon’s school districts, local government and State agencies to address the billion dollar financial black hole caused by escalating public retirement payments being made to shore up PERS Tier 1’s costly benefit packages.This week, Jay Kenton, Vice Chancellor for Finance and Administration for the Oregon University System (OUS) stated in the House Committee on Higher Education and Workforce Development that $1,100 of the tuition paid by every Oregon university student annually goes just to pay the costs of PERS. (Click here)








