HB 2081A PERS investments take account for climate risks

Posted on June 1, 2025 by Donna | 2 Comments

Requires OIC and the State Treasurer to take actions to manage climate risks in the PERS fund. Directs the Oregon Investment Council and the State Treasurer to take certain actions to manage the risks of climate change to the Public Employees Retirement Fund. Takes effect on the 91st day following adjournment sine die. Amendment requires the pursuit of a goal…

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SB 851 PERS full retirement benefits for part-time work

Posted on April 26, 2025 by Donna | 0 Comments

PASSED BOTH HOUSES Modifies provisions relating to the Public Employees Retirement System. One of these modifications is to count a whole month for retirement calculations when more than half the month is worked. It eliminates the partial calculations. That means a part-time employee that works 12 days a month receives full-time benefits for retirement. The PERS system is not in…

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HB 2571 The Public Pension Protection Act

Posted on January 24, 2025 by Donna | 0 Comments

The Public Pension Protection Act ensures that Oregon’s public pension plans always act in the fiduciary best interests of taxpayers and pensioners. This is a basic, common-sense standard—one that aligns with the expectations Oregonians already have for their personal retirement plans whether it’s PERS or an employee public plan. It reverses or at least slows down the troubling trend of…

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