> Oregon's public pension fund lost money last year. Taxpayers may be on the hook for it
Oregon's public pension fund lost money last year. Taxpayers may be on the hook for it
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Description
The state's unfunded liability for PERS, the amount needed to cover every public worker's pension, grew by $8 billion last year — reaching a total of $28 billion. That's a big deal for taxpayers, who may end up paying more to make up for it. But Oregon State Treasurer Tobias Read suggests things aren't as bleak as they seem.
Read more: https://www.kgw.com/article/news/local/the-story/oregon-pers-unfunded-liability-public-pension-treasury-investments/283-65dbb743-725a-4aa0-a3f0-c5b5b47f8c5d
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