Parsing The Latest PERS Bill


Manage episode 235112807 series 1420043
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.
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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