There seems to be some confusion about the recent spate of posts about proposed changes to PERS. To gentle the minds of those already retired, none of these bills propose to do anything to anyone already retired, or to anyone retiring before any of these bills are enacted (if at all). So those of you already retired can spare your anguish, and return to your (hopefully) relaxing retirement. All these bills target those still working and those not working for a PERS agency, but not yet retired. While I think that targeting the next generation to pay for our retirements, it really is no different than Social Security. It isn’t fair, but it is life. I oppose it on principle, and will fight like hell to keep any of these obnoxious bills from taking effect, but the reality is that there is no other way to pay for PERS without a general tax increase aimed at businesses that have gotten away with tax murder since the passage of Ballot Measure 5 in 1990. As far as I can tell, payback for those businesses is a bitch, but it is necessary.
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