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Dean Kirkland

Oregon PERS Information

http://persinfo.blogspot.com/

Located in Lake Oswego

Last update: November 26th, 2013 at 05:15 pm

ping: http://ignoregon.com/ping/991

1348 post clicks in the past 90 days

Musings from too close to the crypt. Random thoughts, valentines, and vitriol from an aging and increasingly cranky boomer who's really quite tired of the public flogging he's taken as an Oregon Public Employee and now as a retired public employee drawing his well-deserved PERS pension. To people who think I'm getting more than I deserve - bite me! If you think I'll go quietly when PERS tries to get money back from me, think "they'll have to pry it from my cold dead hands".

For those wondering about the discontinuance of the income tax remedy for out-of-state residents, PERS has confirmed that the first check affected by the Legislature’s actions will be the February 1, 2014 check.  You may have received a letter about this, but nothing on PERS’ website indicates whether PERS is obliged t

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Without much fanfare - actually without any fanfare - PERS quietly posted the new Actuarial Equivalency Factors on its website in (my opinion) a rather obscure location.  After studying the factors and matching them up with a few other sets I have stored away from past years, it does look like the option 1 (base) benefit h

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It has come to my attention that a variety of public agencies (school districts, in particular) are trying to scare the bejesus out of Tier 1 members by sending out incomplete or deliberately vague information about changes to PERS benefits coming on retirements taking place after December 1.  In one particularly egregious

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I've been getting a fair number of emails about the absence of new posts on the blog.  There is nothing afoot; the blog remains active.  There is just nothing of note to report right now, and we do much of our traveling for long periods of time in the fall for this very (partial) reason.  Things will pick up again after

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Sometimes I feel as though PERS retirees are to the Legislature and Governor as gold teeth were to the Nazis in Germany (if this is offensive to some, I'm sorry.  The metaphor seems entirely appropriate).  We represent the gold teeth the Legislature, PERS, and the Governor get to pluck before we are sent off to our "

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The circus train has left the station and the lead clown, our own Governor Kitzrobber, is sitting like Captain Kangaroo to lead the merry band of fools on another journey to rape and pillage the pensions of PERS retirees (and future retirees).  It wasn't bad enough that SB 822 put the kibosh on over half the cost-of-living

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The clown of Mahonia Hall is at it again, running around with all the little people trying to figure out a way to stab us PERS members (actives, inactives, retired) in a variety of evil ways.  More than that, it isn't enough to beat up on retirees, they want to take away the $183 personal exemption for individuals earning

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In this case, it only takes one, but the decision has been forced upon us by the continued saga with Yahoo Groups.  As of today, we are no longer accepting messages posted to Yahoo Groups and are actively encouraging users to join us at the new site of our PERS Oregon Discussion Group located on Google.  You can get there

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Not to the eastside but to Google.  We owners and moderators of POD (PERS Oregon Discussion) have not made a formal decision to leave Yahoo Groups, but things are going disastrously bad since Yahoo rolled out the update called NEO.  It is happening to random people right now, but all but one of our moderators have been af

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Not PERS related but associated.  For reasons I cannot explain, Yahoo has started to implement its new group format, called NEO.  Obviously they didn't watch The Matrix because NEO could fix any problem.  It seems more like Morpheus has taken over since the Yahoo group (POD), which is associated with this blog, has sudde

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The past few weeks have been pretty dull in PERS land.  Our Governator has been trolling east of the cascades and south of the Willamette Valley trying to round up support for calling a special session to go after that great PERS "grand bargain" along with some targeted tax increases for the well-to-do and for th

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Right now, the action on PERS seems to be a combination of the PERS Board finalizing the new assumed interest rate (7.75%), the effective date for new rates and new mortality tables (January 1, 2014), and approving the final set of assumptions for the 2013 experience study that will determine employer rates for 2015-17.The

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We are back from our short refresh in the American Southwest.  I'm happy to report that Idaho is still hot, Utah has 80 mph speed limits, Arizona 89 is presently closed from Page north, and 89A is as crappy as ever.  Also, I was pleased to find out that in Arizona, firearms are not allowed in restaurants that serve alcoho

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The Fearless one is charting course for a brief vacation in the American southwest.  Regular blog posts will resume upon my return on July 19.  In the meantime, the Oregon Legislature closed up shop today, bidding sine die until next February.  The only bad bill to emerge this session is SB 822, which cuts this year's CO

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The end of this year's Oregon Legislature is near at hand.  So far the two bills critical to PERS members, retirees, and seniors seem to lack the necessary support to make it to a final vote.  HB 2456 is a revenue vote on a package of tax increases that can't seem to get the required 18 votes in the Senate to pass.  With

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You know you are in a world of hurt when the lead witness in the testimony in favor of the full blown red herring bill called SB 857 is the robber in Chief for Oregon, John "who used to be a 'do no harm' physician" Kitzrobber.  The bill began its life last week as a proposal to form an nterim committee to study p

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This will be very brief.  In a classic gut and stuff the Senate Finance and Revenue Committee will hear a bill that will further reduce the retiree COLA, and will savage certain inactive members who retire under Money Match.  I don't have time to describe these bills as I am literally on my way out the door.  But the sho

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It appears that the circus in Salem is finally winding down.  The R clowns have relented on the Hospital Provider Tax and will vote to extend it when it finally comes up for a vote.  That clears the way for the final denouement of the 2013 Legislature, the K-12 Budget.  Both from Salem sources and later confirmed by thos

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I don't like to be publishing a post just for the sake of saying something.  Nevertheless, this post falls into that category.  There are lots and lots of rumors about what may still happen as the Legislature gets closer and closer to its mandatory sine die date of July 13, 2013, but so far there has been no real action

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Things have been awfully quiet on the PERS front for the past several weeks.  With so much sturm und drang over PERS dominating the entire session, with so much media muckraking driving much of the discussion, with the heavy lobbying effort by the group FIX PERS NOW (and all its high profile backers, including the CEOs of

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The week has passed with no additional news on the fate of PERS in the Legislature.  Two days of "high level" discussions at the Governor's mansion with leaders of both parties produced nothing of substance, and have managed to leave PERS members and all agencies receiving money from the State of Oregon on tenter

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After a weekend of confusion, chaos, and disbelief, it appears that PERS has updated its "Assumed Rate FAQ" and script used when getting calls.  According to the revised "Assumed Rate FAQ" at the PERS Oregon Official Website -http://www.oregon.gov/pers/docs/financial_reports/assumed_rate_faq_5-31-13.pdf

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I know, I'm on a CCR kick this week.  Can't help it.  The bad news just keeps coming.  Yesterday - a day when I was out of pocket nearly the whole day - PERS posted a FAQ on their web site following yesterday's meeting, which I was unable to attend.  The FAQ pertains to the Assumed Interest Rate change, which we've been

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I wish I had waited an extra couple of hours yesterday before posting my brief message.  By mid-afternoon the Bad Moon had already risen.  The Oregon Republicans in the Legislature used a lazy Thursday afternoon, very late in the month of May to announce their newest "compromise" proposal on PERS Reform.  I'm n

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A few of my new readers have asked where I come by my snarky titles for the posts I write.  I suppose I should keep it a secret, but the conceit of the titles will be obvious if you go back through about a year of them because you will almost assuredly recognize many of the titles as "song titles".  I love music

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The Legislature grinds on with the R's and D's seemingly stalemated on further PERS reform.  At this point, any sort of grand bargain is unlikely and the session will probably come to sine die without any further damage to PERS benefits.  This is not to say that people are off-the-hook.  Au contraire, there are many th

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Wow! A whole week has gone by without any murmurations or pronouncements from our boys and girls in the State Legislature.  But have no fear, the clowns are being sent in for another attempt to batter us little "Bobos"  (for those not old enough to remember, a "bobo doll" was an inflatable toy, about h

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From the looks of things, the Legislature may finally be done with PERS for this session.  The official May revenue forecast for the 2013-15 biennium came yesterday and, as expected, will bring an additional $275 million in tax and other revenue to the state coffers.  Since this makes up the difference between the savings

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This is really a post for all of you out there who read this blog and who have been INACTIVE members of PERS for some time (I'm not sure this includes my colleagues in higher education, who withdrew from further participation in PERS back in 1996 when the Oregon University System offered the one-time option to switch to the

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One of my all time favorite songs has the following as its final stanza:  "We are programmed to receive. You can check-out any time you like, But you can never leave! "   My mailbox has lately filled with stories that make Hotel California less apocryphal and more predictive.  Welcome to Hotel California.In th

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