PERS issue heads back to Oregon Supreme Court
Oregon will get another chance to plead its case
Oregon will get another chance to argue it should recoup $10 million lost by the public-pension fund after it bought stocks from Marsh & McLennan, one of the largest providers of insurance and brokerage services.
The unanimous decision by the Oregon Supreme Court does not automatically result in damages awarded to the Oregon State Treasury, which oversees investments for the Public Employees Retirement Fund. The current
balance is about $56 billion.
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Oregon will get another chance to plead its case
Oregon will get another chance to argue it should recoup $10 million lost by the public-pension fund after it bought stocks from Marsh & McLennan, one of the largest providers of insurance and brokerage services.
The unanimous decision by the Oregon Supreme Court does not automatically result in damages awarded to the Oregon State Treasury, which oversees investments for the Public Employees Retirement Fund. The current
balance is about $56 billion.
Related Posts:
PERS---What is it?
PERS---executive director answers questions about possible reform
We most solve unsustainable increases to the cost of government
More on PERS.....
Wheeler, Cox differ on ways to deal with PERS
What is the PERS crisis?
EDITORIAL: A heavier PERS burden
James Dalton offers reforms for PERS.....
Brookings Tea Party---<<< The Debate + Great Videos + PERS Impacts! >>>
Candidate Tom Cox leads on PERS
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