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Archive Home > 2007 > December > 31 > Pensions: From failing to solvent

Pensions: From failing to solvent

State system, close to collapse in 2003, now national success

By James Sinks / The Bulletin
December 31, 2007

SALEM — What a difference a few years — and a robust economy — can make.

In 2003, Oregon’s public pension fund teetered on the brink of a collapse, suffering from mismanagement and the nose dive on Wall Street.

State analysts said that, based on the model....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.