Thursday's announcement that the Oregon Supreme Court had overturned a series of Public Employees Retirement System changes approved in 2013 cast a pall on a Capitol that had otherwise been focused on an intensifying legislative session.
That's because, in time for the state's 2017-19 budget, the Oregon Legislature will need to find hundreds of millions of dollars that lawmakers had thought they'd saved when cutting cost-of-living raises for current state retirees.
Read more at Oregon Live
Friday, May 1, 2015
Oregon Supreme Court PERS ruling opens gaping hole in state budget... eventually
Labels:
Budget,
court ruling,
PERS
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