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PERS: Questions for outgoing chair of Oregon’s public pension system

AUGUST 16, 2018 | by Ted Sickinger | BEND BULLETIN

If you look at the history and how they dealt with the money match annuity formula, and the way investment earnings were passed through to members (instead of being retained to shore up the fund), they didn’t pay enough attention to the actuarial issues. It’s beyond me why they didn’t address that. They weren’t paying attention to the math. I wasn’t there, but that’s my personal observation.

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