tag:blogger.com,1999:blog-11957094.post7919021557306254207..comments2024-03-26T20:09:19.458-07:00Comments on Oregon PERS Information: Chump Changemrfearless47http://www.blogger.com/profile/03454690519716783056noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-11957094.post-5291419650121265282011-05-10T00:28:48.487-07:002011-05-10T00:28:48.487-07:00@Andrew. There isno other fiscal information ways...@Andrew. There isno other fiscal information ways and means gets. The bill is a NY et loser in the first biennium, and probably will net very little positive gain in subsequent years. This bill has become a symbolic bit of desperation for the legislature. The threat of litigation that will turn in favor of members and retirees is so strong that there appears to be little that can be done to mrfearless47https://www.blogger.com/profile/03454690519716783056noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-25820473733134385662011-05-09T18:58:00.490-07:002011-05-09T18:58:00.490-07:00The fiscal impact statement has been out since 4/2...The fiscal impact statement has been out since 4/22: http://www.leg.state.or.us/comm/sms/fis11/fhb2456a04-22-2011.pdf mrfearless:I would appreciate your illuminating the numbers. The impact statement says that the bill would reduce benefits by only $225,000 over the 2011-13 biennium - which not only is chump change, but represents a net loss given the over $400,000 start up costs. I don'tAndrewhttps://www.blogger.com/profile/01254573971310007083noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-55045942603507087522011-04-19T15:33:51.069-07:002011-04-19T15:33:51.069-07:00The dash 7 amendments are now posted on the oregon...The dash 7 amendments are now posted on the oregonpers.info website under Legislation. It is the top item. You want to read it to reassure yourself that it either does or does not apply to you. I can tell you, but you'd be better off establishing this for yourself. This is likely the version referred to the Joint Ways and Means Committee.mrfearless47https://www.blogger.com/profile/03454690519716783056noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-28342550687031454972011-04-18T20:36:42.173-07:002011-04-18T20:36:42.173-07:00I appreciate the analysis and assurance,pending fi...I appreciate the analysis and assurance,pending final draft and god knows any amendments should it get to the floor for a vote. I would hope in any case that our Cowboy Gov. veto the sob if it gets to his desk. That's the least he could do given the support he got from labor. Meanwhile I will still be tracking this and again writing to my Rep and Senator.Unknownhttps://www.blogger.com/profile/00145920095272454826noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-2738228237644614602011-04-18T20:21:46.944-07:002011-04-18T20:21:46.944-07:00The emergency clause in the -7 amendment looks to ...The emergency clause in the -7 amendment looks to me like it applies mostly to the 60 day period allowed for direct appeal to the Oregon Supreme Court. This gives an extremely short time to to make the expedited appeal. Particularly hard on those targeted by this measure. <br /><br />pegMollyNCharliehttps://www.blogger.com/profile/05820177892587624434noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-33327086988128357882011-04-18T18:47:31.068-07:002011-04-18T18:47:31.068-07:00As a current retiree, you have nothing to worry ab...As a current retiree, you have nothing to worry about. The bill, as proposed has no hidden "gotchas" that I've been able to find. I haven't seen the dash-7 amendments, but nothing I've heard from anyone says that this bill will have any impact on anyone already retired. It is only for those active and inactive members (not retirees!) who retire after 12/31/11. Hope this mrfearless47https://www.blogger.com/profile/03454690519716783056noreply@blogger.comtag:blogger.com,1999:blog-11957094.post-85871333994691416942011-04-18T17:02:15.000-07:002011-04-18T17:02:15.000-07:00Welcome back Professor. Hope Florida gave you some...Welcome back Professor. Hope Florida gave you some sunny relief from the ongoing rain here in the Beaver State. Thanks for the update. Two questions. First, as a current PERS retiree, having worked solely for a PERS state employer prior to October 1991(employemt began 12/1971), is there a hidden "gotcha" in the bill for me and similarily situated retirees? Or is it just for those who Unknownhttps://www.blogger.com/profile/00145920095272454826noreply@blogger.com