SALEM, Ore. – Oregon lawmakers who are looking to lower the cost of the benefits received by government employees are facing quite a few hurdles.
In order to make cuts in costs possible, they have to make sure the changes bring a meaningful amount of savings, without going back on iron-clad promises made to workers in the past years. A number of ideas have been suggested, but most legislation will likely end up in a courtroom.
Previous attempts to cut pension costs, have been overturned. Government agencies will spend $3 billion on pension, in the next two year budget, that’s up 45% from what agencies are paying right now.