PERS Decision: From School Workers
One decision from the Oregon Supreme Court will have a tremendous impact on state and local governments for years to come.
The decision turned back a move by the legislature and governor to save money on public pensions, by reducing cost-of-living allowances for retirees.
The court ruling nixed that, so the state, counties, cities, and school districts are on the hook for hundreds of millions of dollars of additional benefit payments.
The Oregon School Employees Association is relieved by the decision.
Tricia Smith from OSEA joins us with her organization's perspective.