Oregon Supreme Court PERS ruling opens gaping hole in state budget... eventually

Thursday's announcement that the Oregon Supreme Court had overturned a series of Public Employees Retirement System changes approved in 2013 cast a pall on a Capitol that had otherwise been focused on an intensifying legislative session. ✧ That's because, in time for the state's 2017-19 budget, the Oregon Legislature will need to find hundreds of millions of dollars that lawmakers had thought they'd saved when cutting cost-of-living raises for current state retirees.

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