Facts That Make You Cringe – Issue 110
Wednesday, February 24, 2016
Oregon’s Public Employment System (PERS): A Looming Disaster?
- PERS’ assumed investment return: 7.75%
- Actual investment return in 2015: 2.1%
- Unfunded liabilities 12/31/14: $18 Billion
- Unfunded liabilities 12/31/15: $21+ Billion
Click here to read how PERS costs could skyrocket to 40% of payroll