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Parsing The Latest PERS Bill

Parsing The Latest PERS Bill
May 31, 2019 · 14m 35s

Earlier this year, we devoted an hour to Oregon’s troubled Public Employees Retirement System (PERS). At that time, the estimated unfunded liability — the gap between what employers will have...

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Earlier this year, we devoted an hour to Oregon’s troubled Public Employees Retirement System (PERS). At that time, the estimated unfunded liability — the gap between what employers will have to pay out in pensions and the money that’s currently in the system — was $22 billion. Now, it’s more like $27 billion. OPB’s senior political reporter Jeff Mapes fills us in on a controversial bill lawmakers are considering — how it would address the PERS debt and where it falls short.
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Author Oregon Public Broadcasting
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