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The Public Employees Retirement System (PERS) is the retirement and disability fund for public employees in the U.S. state of Oregon established in 1946. Employees of the state, school districts, and local governments are eligible for coverage. A health insurance plan for covered retirees was added to the program in 1987.
In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19
Pages in category "2023 in Oregon" The following 9 pages are in this category, out of 9 total. This list may not reflect recent changes. ...
Social Security recipients received a high cost-of-living adjustment (COLA) of 8.7% in 2023 — an average of $140 more per month — the largest hike in more than 40 years.
In March 2020, the American economy went into full shutdown mode in response to the coronavirus pandemic. Nearly immediately, the U.S. government implemented a series of stimulus packages in an ...
In 2023, total income and interest earned on assets were projected to no longer cover expenditures for Social Security, as demographic shifts burden the system. By 2035, the ratio of potential retirees to working age persons will be 37 percent – there will be less than three potential income earners for every retiree in the population.
The governor of Oregon is the head of government of Oregon and serves as the commander-in-chief of the state's military forces. The title of governor was also applied to the office of Oregon's chief executive during the provisional and U.S. territorial governments. The current governor of Oregon is Tina Kotek, who took office on January 9, 2023 ...
In 1991 the two-story Oregon State Archives Building was opened, providing two vaults, climate-controlled storage, and 50,000 sq. ft. of space. Its exterior is marble and granite . [ 2 ] Cecil L. Edwards (1906–1995), [ 3 ] who served as chief clerk of the House in 1963 and as state legislative historian from 1975 to 1993, died on December 22 ...