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Forum Targets PERS Improvement

Oregon’s Public Employees Retirement System (PERS) is a drag on Oregon’s taxpayers, its economy and state services.  It also puts its member’s life savings at undue and unnecessary risk. We all know it should be fixed, but how? 

Fixing PERS is a major issue now and was a battle in the last gubernatorial election. Republican candidates are again focused on PERS and promising to save taxpayers millions if elected.  As Oregon schools, health care and public safety once again face a funding crisis that pits the public against legislators, school leaders against parents, and government program managers against each other, a financial consultant says there are solutions that will protect PERS members and taxpayers.  What it takes is political will to make unbiased decisions.

That is the conclusion of Jesse Villarreal, Jr., founder of PERS Help, a private organization providing free information and education to PERS members.  Villarreal has studied and compared retirement systems across the country.  “Oregon’s next governor can protect recipients’ benefits, free up state revenues and lower the taxpayers’ burden by forcing the PERS system to stick to rules and procedures already in place,” Villarreal said.

“This is such an important issue affecting not only the 311,000 members statewide, but all Oregonians whose concerns and awareness of the problems continue to grow.  The cost of PERS is critical to every state and local government program and to how much we pay in taxes and fees,” Villarreal said. “Now is the time for a new, active governor to work more closely with PERS members to protect and even improve their benefits,” he added.

As in the previous gubernatorial election, Republican candidates are again addressing PERS in their campaign platforms.  Candidates for Governor Jason Atkinson, Kevin Mannix and Ron Saxton in particular continue to talk about the problems with PERS and how the system needs reform.

A focus of State Representative Linda Flores (R- Clackamas County) during the 2005 legislative session had been to improve PERS. Representative Flores and Jesse Villarreal, Jr. worked on several PERS reform bills in the 2005 session that would have enhanced funding for education.

“It’s time to fix the system, and the next governor not only has the power, but I believe, has the political climate, to implement successful reforms to the system.  That’s why we want to know: ‘what would they do and what is their plan?’  We are offering a forum for these candidates to discuss how they will fix PERS,” Flores said.  Flores and PERS Help are hosting the forum.

The forum is: Wednesday, May 10th at 10:00 am, at the Crowne Plaza, 217 and Kruse Way.

“Improving PERS has been a Republican issue in the state since the 2002 election,” Flores said, “and for the candidates it has not gone away.  For taxpayers and PERS members, the risk of current PERS management practices continues to grow, and the damage of wasting the money we all pay leads to one funding crisis after another.  Now is the time for the candidates to lay out their ideas to fix this mess,” she said.

For more information on the PERS Improvement Candidates Forum, go to www.pershelp.com or www.floresteam.com.

For more information, call
Jim Haynes, 503-502-5981

PERS Help © 2004 All rights reserved.
 Last Revised: May 14, 2006
 

 

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