PERS Board Adopts New Mortality Tables
"It chooses the recalculation method that does less harm to retirees but also saves the state less money."
They used actuary tables proposed by the unions. This is a step in the right direction, but is it enough?
PERS Retirements Surge
"The year is barely two weeks old, and already 1,341 Oregon public employees are slated to retire."
More Gridlock In Salem?
It looks like it could either be another legislative session of getting nothing done, or even worse, the republicans giving the new governer everything he wants. Governor Ted Kulongoski just proposed an ecanomic plan that included more cuts than Kevin Mannox's plan did, and everybody's praising him (and rightly so). My fear is that the republicans will have even less spine this time around than last. Check out the article below.
Senators Find Compromise Plan
"SALEM -- Senators broke their impasse Tuesday with a power-sharing compromise that relies largely on the relationship between two veteran legislators to avoid deadlock this session."