The journey to PERS reform has been long and winding. For years, Oregon lawmakers have grappled with the challenges of ensuring the sustainability of the public employee retirement system. The system, ...

Seely worked for just under 14 years as a government employee, with a high salary of $31,500 in 1985, state records show. But when she started receiving benefits on Dec. 1, her first monthly check was ...

Pensions for beneficiaries who retired in 2024 ranged from about $1,000 annually to nearly $330,000, with a median of $23,297 ...

Senate Bill 418 would enable the State Superintendent of Public Schools to withhold a charter school’s per-pupil dollars in ...

When pension funds fall short, governments might have to raise taxes or cut public services to cover the gap. And employees ...

As explained earlier this week when the newsroom updated it online database of retirees in Oregon’s Public Employees Retirement System, it comes down to a legacy retirement formula that is still ...

New employees in the Public Employment Retirement System of Mississippi will soon have new hybrid retirement benefits, mostly to increase the long-term sustainability of the retirement system ...

California Public Employees Retirement System trimmed its position in shares of Invesco Ltd. (NYSE:IVZ – Free Report) by 13.1% in the fourth quarter, according to its most recent Form 13F filing ...

California Public Employees Retirement System owned about 0.35% of Amedisys worth $10,497,000 at the end of the most recent quarter. Other hedge funds have also recently bought and sold shares of ...

California taxpayers are on the hook for paying any shortfall in retirement benefits that investments don’t cover.