Oregon treasury secretary opposes bill to pause PERS investments in private fossil fuel funds
It reduces our ability to diversify our portfolio and maximize returns for the retireesd,” wrote Jessica Howell, the Treasury ...
Activists call for Oregon to dump $135M in Tesla stocks from pension fund
That 1% holding (rounding up) has angered local activists, who note that Tesla’s CEO, the billionaire Elon Musk, has seemingly become President Donald Trump’s most influential adviser, and is ...
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Pension spikes will cost Oregon public employers $1.8B in the next biennium: ‘It will be more intense before it gets less’
The PERS Board has adopted a system of “rate collars ... as previously reported by the Oregon Capital Chronicle. Among school districts, Gladstone’s is slated to see the steepest rate ...
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Facing multi-million-dollar shortfalls, local governments set eyes on OR property tax laws
and Oregon’s Public Employees Retirement System, or PERS. Local governments blameMeasures 5and50. Put simply, Measure 5 limits property taxes in proportion to a property’s real market value ...