PERS Rates To Go Up!
Did you read Ted Sickinger’s article about Oregon’s Public Employee Retirement System (PERS) in OregonLive friday?
…the PERS board (was told) Friday that systemwide, the payroll rates paid by cities, counties, school districts and state agencies to cover their employees’ pension and health care benefits will more than double in 2011, from their current level 5.2 percent of payroll to 10.8 percent of payroll.
When “cities, counties, school districts and state agencies” have to pay more, you know whoelse has to pay more? That’s right the Oregon taxpayer!
Mish Shedlock has a comment at:
Oregon’s Public Employee Retirement System (PERS) in Deep Trouble, Taxpayers on the Hook
Question: Which of the two running for Governor of Oregon is more beholden to the public employee unions?




[…] other day in PERS Rates To Go Up!, I posted that governments at all levels in Oregon would see their the payroll rates to cover their […]