League of Oregon Cities

"To strengthen and support livable communities"

Search

This Site

A - Z Index

Site Help

ABOUT THE LEAGUE

LEAGUE SERVICES

CITY RESOURCES

LEGISLATIVE
HOMETOWN VOICES

Home >> Current Issues >> PERS

PERS

Latest News

The PERS Board has adopted Final Rates for 2005-2007 based on the 2003 actuarial valuation.

LITIGATION

Special Master's Report, April 8, 2004: The written report and facts of finding to the Supreme Court in Oregon. Also included is the report summary from the LOC-contracted firm Harrang Long Gary Rudnick P.C.
Judge Lipscomb's final decision in Eugene v. PERB.
See Also: Judge Lipscomb's August, 2002 decision.
Evidentiary hearings before Special Master: Background information on the PERS litigation, including an overview of the defense and the findings of fact the defense wants the Special Master to adopt.
See case filings

PERS RATES: The PERS Board has adopted Final Rates for 2005-2007 based on the 2003 actuarial valuation. Recall that at its January meeting, the PERS Board voted to "phase in" rate increases for pooled employers over two biennia; therefore, the adopted rates for 2005-07 reflect one-half of the rate increase due, based on the 2003 valuation report. In addition, the rates are for Tier I and Tier II, only (OPSRP and IAP account rates are unchanged), and do not include any employer "pick up" for the employee contribution. An individual report will be sent to each employer from Milliman, the actuary who recommended the attached rates.

LEGISLATIVE ISSUES