tag:blogger.com,1999:blog-11957094.post5840548392024355848..comments2024-03-26T20:09:19.458-07:00Comments on Oregon PERS Information: Happiness is a Warm Gunmrfearless47http://www.blogger.com/profile/03454690519716783056noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11957094.post-29542091146756850212010-12-22T06:44:45.053-08:002010-12-22T06:44:45.053-08:00Let's hope the OSC frowns on the "retro&q...Let's hope the OSC frowns on the "retro" aspects of the Lipscomb decision. I retired 3/1/04 at a promised amount. A few months later I was notified that my monthly checks would be reduced by nearly $500! And they were reduced. Now nearly $36,000 short of what I was promised we await a hearing and a verdict.<br /><br />No one informed window retirees of the back room decisions Anonymoushttps://www.blogger.com/profile/03728865669339725698noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-79865732372874438732010-12-20T12:41:33.899-08:002010-12-20T12:41:33.899-08:00Retroactive and retrospective have similar, but su...Retroactive and retrospective have similar, but subtly different meanings here. Retroactive means that they can't change the law back to a certain date prior to the present. Retrospective means the same thing, but applies if you change your own status in the interim. So, for example, if you retired on March 1, 2011 and sometime in the future they changed the law to be effective on Februarymrfearless47https://www.blogger.com/profile/03454690519716783056noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-84544139082075387512010-12-20T12:28:52.979-08:002010-12-20T12:28:52.979-08:00Could you please explain a bit more about ".....Could you please explain a bit more about "... nor may they enact changes that apply either retroactively or retrospectively."<br /><br />What is the difference between retroactive and retrospective in this situation?<br /><br />Thanks. I enjoy reading your blog. Very informative.Kolbshttps://www.blogger.com/profile/14827472213029681136noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-4590460136038310832010-12-16T21:24:43.237-08:002010-12-16T21:24:43.237-08:00Great post and some sound thinking. Thanks Mark!
...Great post and some sound thinking. Thanks Mark! <br /><br />I have 5 more working days till I am out the door with ODOT. I have just 30 years and 3 months, I wanted to be safe. I have no way of knowing what the new year will bring but I know that some nasty surprise is almost a given. <br /><br />With that in mind it was an easy call to pull the plug and get out now. Consider your move carefullyJoe C.https://www.blogger.com/profile/13629261827923613181noreply@blogger.com