SB 851 PERS full retirement benefits for part-time work

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 a situation to…

Read More→

HB 2571 The Public Pension Protection Act

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…

Read More→