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Archive Home > 2009 > October > 07 > Agencies brace for PERS rate hikes

Agencies brace for PERS rate hikes

Public employers may face spending 6 percent of payroll on retirement plans

By Nick Budnick / The Bulletin
October 7, 2009

SALEM " Local governments and agencies are measuring a looming new budget blow " and hoping for mercy " in the wake of a new report released by the Oregon Public Employees Retirement System.

The report, prepared by the system's actuary firm, predicts that public employers,....

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