Lege Trend. 5 Recommendations to Reduce Pension Liability. Land of the Ducks.
The state: Oregon
Goal of the Pension Task Force: How to reduce the unfunded liability in Oregon’s pension systems
The recommendations:
- harvesting some of the state’s timberland
- selling state-owned real estate
- privatizing state universities
- creating a new investment fund for the excess cash held on the balance sheets of cities, counties and school districts
- transfer surplus capital held by Oregon’s hybrid workers’ compensation system
Pensions and Investments | Oregon task force identifies measures to reduce unfunded pension liabilities by about $5 billion