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Monday, November 03, 2008
Life Short, Call Now
PERS has now announced its intention -- big surprise -- to appeal the verdict to the Oregon Court of Appeals. In the meantime, a Legislative task force is exploring ways to remedy the problem that the Bell case has exposed -- PERS' responsibility to provide reasonably accurate pre-retirement estimates, and to find some way to remedy the circumstances when such estimates turn out to be completely inaccurate through no fault of the retiree. It is likely that some of this will be solved legislatively during the 2009 session.
The saga of the White case also continues. Judge Kantor cancelled the hearings on White and advised the advocates that he will either rule in favor of the defendants for summary judgement, or allow the PERS Coalition to file cross-motions for summary judgement. This case has been going on since April 2004 and has yet to be heard formally before any jurisdiction. Depositions were taken last summer with the hope that the case could be resolved during 2007. It is unlikely now that the case will be resolved before 2009, assuming there are no appeals of Judge Kantor's ruling.
If you haven't voted, be sure to get your vote in no later than 8 pm tomorrow night. It is too late to mail your ballot. Find a local ballot drop-off site and carry your ballot there. This election has too many important decisions to shrug off. Regardless of who wins, the country is in for some major changes.