Is Oregon’s PERS Pension Plan a Black Hole?

Recently the Oregon Public Employees Retirement System (PERS) board voted to affirm the current 7.2% assumed rate of return on the fund’s investment earnings for the next two years (the 2021-2023 budget cycle). This assumption is extremely important to PERS, because...

Should You Accept a Pension Buyout?

For decades, the number of American companies offering “defined benefit” pensions to their employees has been declining, as they have transitioned to employer-sponsored “defined contribution” retirement programs, like 401(k) and 403(b) plans. In addition to no longer...