The Recommendation from Pension Managers in the Land of Ducks.

Oregon’s unfunded state pension liabilities are $22 billion. The people responsible for managing the Oregon pension system made this recommendation:

• Issue $20 billion in pension obligation bonds to help Oregon pay down its debt

What are the numbers behind Oregon’s pension system?

• 7.5% current rate of return
• $69 billion in assets
• $5500 pension liability per capita
• $0 cuts for existing pension contributors per the Oregon Supreme Court 

Statesman Journal | Pension managers to lawmakers: Reform PERS now