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Is Oregon’s Pension Promise Broken? Can it be fixed?

Funding the Oregon Public Employees Retirement System (PERS) has been a challenging topic for many years. The current estimate of the shortfall between expected revenue and anticipated pension payments is 25 Billion dollars. That raises a lot of questions

How did we get here?
What has been done within legal requirements to reduce that gap and how will the State and local governments cover the difference?

What will it take to resolve the issue?

 

We will hear the perspectives of two experts on PERS: Bill Gary, lead counsel for Oregon Local Governments and expert on the Oregon Public Employees Retirement System and Melissa Unger, Executive Director of the state chapter of Service Employees International Union (SEIU 503).

 

And of course they will answer your questions.