Oregon Lawmakers Pass “Grand Bargain”

SALEM, Ore. — While the nation is in day four of a federal shutdown, Oregon lawmakers continue to celebrate the success of a three-day special session. The topic was a complex package of several pieces of legislation dubbed the “grand bargain.” It was back and forth the first two days of special session, but by … Continue reading »

PERS Cuts Clear Legislation

SALEM, Ore. — The future of the public employees’ retirement funds sits on Governor John Kitzhaber’s desk. That’s because it’s passed through both the House and the Senate. The bill reduces the cost of living increases or COLA for retirees earning more than $20,000 a year. The bill would also lower employer contribution rates for … Continue reading »

Oregon Senate Approves PERS Cut

SALEM, Ore. — The Oregon Senate passed a bill Thursday that would cut pension benefits for retired government workers. It passed with a 16 to 13 vote and now heads to the House for a vote. This bill reduces the cost of living increases, or COLA, for retirees who earn more than $20,000 a year. … Continue reading »