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Less than a year ago, Oregon’s former state treasurer pledged to make the state employee pension fund net zero carbon by 2050. Now, the new state treasurer is seeking legislation to continue that work through careful investments.
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The increased costs to schools for the Public Employee Retirement System in the next two years will more than wipe out the governor’s proposed increases in school funding.
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Oregon’s nearly $94 billion public employee pension system could one day be carbon neutral, according to a new plan from the state Treasury. But getting there depends largely on whether corporation and private investment funds stick to their own commitments to do the same.
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State Sen. Jeff Golden, D-Ashland, is among several Democratic lawmakers and environmental groups who want the Oregon Treasury to divest billions of dollars in fossil fuel holdings from the public employee retirement fund.
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The name is only four letters long, but the issues with it can take volumes to explain. PERS, Oregon's Public Employee Retirement System, has billions of…
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Much has been said about the big deficit in Oregon's public pension program, PERS. Now Stacy Bannerman has something new to say about it: PERS should get…
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One of the major issues with balancing the state budget in Oregon is the amount of money needed to make sure retired public workers get the pensions they…
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The potential impact of the Oregon Supreme Court's decision to stop the state from reforming the PERS (Public Employee Retirement System) benefits paid to…
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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…
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This interview explores the flip side of the coin on the Oregon Supreme Court decision on PERS, the Public Employee Retirement System. The court decision…
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The Oregon Legislature adjourned last summer, and in the minds of some observers, left some work on the table. So Governor Kitzhaber called legislators…