Lege TREND. Constitutional Amendments & Pension Limitations.

An initiative in Oregon would create a constitutional provision that moves state workers to a 401 K hybrid system.

• workers would chose a 401K or a pension
• would apply to state workers, teachers, firefighters

Opponents say the proposals do not:

• tackle unfunded liabilities
• reduce benefits
• will create costly legal battles for the state and local school districts

Is the Legisalture making considerations to address unfunded liability? yes, using surplus from the state’s workers compensation fund to partially pay down unfunded liabilities

East Oregonian | Ballot measures could tackle pension challenge