Please don't post your comments more than once. I moderate all comments and a delay between posting and appearing is part of the drill here. I get to all comments in due time. Please don't continually repost the same comment. Only one will be posted. Also, due to the volume of email I'm getting right now, I am unable to guarantee that I will respond to all personal emails sent to my email address. I am being buried alive under an avalanche of email. Please go to the PERS Oregon Discussion (POD) Group, linked below (left) under LINKS to post your question and get a variety of answers. Thank you.
Wednesday, January 31, 2007
Sunday, January 28, 2007
I guess that if there is any synchronicity in this, it is that I won't have to stare down the barrel at a PERS invoice about the same time the IRS extracts its annual 10,000 pounds of flesh.
Thursday, January 25, 2007
Update 3:30 pm. Gene Mechanic just emailed me back with the relevant information. Gene continues as lead counsel in the case. He will be assisted by Jim Coon of Swanson, Thomas, and Coon. Jim will be co-counsel and will be involved with much of the appellate work (should it be necessary). My thanks to Gene for his remarkably quick reply to my message.
Monday, January 22, 2007
Friday, January 19, 2007
Wednesday, January 17, 2007
Tuesday, January 16, 2007
On the PERS front, I keep hearing from more and more retirees that they have gotten their invoices for the 1999 payback and actuarial reductions. From what I've discerned from the invoices, PERS seems to be running a bit ahead of schedule as many "ordinary" window retirees are getting invoiced. The last few people I've heard from retired in the latter part of 2002, so that must mean that I'm on the list to get my invitation to repay soon. When I do, I'll share with all. To reiterate a point I made awhile back, unless you can prove that PERS miscalculated on the repayment amount, there is no current venue that I can think of to contest either the method of repayment or the fact of repayment. Both of those are current subjects of ongoing litigation and I'd hate to see any single member waste financial resources beating heads against stone walls. I'm not caving into PERS unless I can demonstrate they have miscalculated my repayment amount. While I don't expect to be treated appreciably differently, I expect that they'll double check my invoice more than twice before placing it in the mail. I don't expect to see any calculation errors and I'd be stunned if there were. I can imagine a few others whose numbers will be run carefully as PERS knows full well that these people can and do run the numbers very carefully and are rarely wrong. If you have any questions about your invoice, there might be a group of us willing to help you check the calculations, but no guarantees at this point. Our group hasn't formed yet. It is just an idea gestating as we get closer to the big mail dump.
Enjoy your snow day, unless you're reading this from Phoenix, or Hawaii, in which case we already hate you so don't read :-)