The end of this year's Oregon Legislature is near at hand. So far the two bills critical to PERS members, retirees, and seniors seem to lack the necessary support to make it to a final vote. HB 2456 is a revenue vote on a package of tax increases that can't seem to get the required 18 votes in the Senate to pass. Without that outcome, SB 857 doesn't move. To keep it from passing without the packaged revenue bill, the Senate Ds shipped it back to the Senate Revenue and Finance Committee, where it originated, and there it remains with no scheduled action. It just may die there. If these bills fail, there will be no cut to inactive benefits, no additional cuts to the retiree COLA, no phase out of senior medical deduction, and a host of other noxious tax increases.
Oregon PERS Information is Copyright Marc R. Feldesman (c) 2003 - 2014 All Rights Reserved. Posts may not be reprinted without prior consent.
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.