Monday, March 20, 2017

Are you an Oregon public employee worried about cuts in your retirement benefits?

Keep Oregon's Promise has a "Calculate Your PERS Retirement List" calculator and some tools, resources and directions on how to resist and deal with PERS cuts. The website has these three principles as its basic reason for existing:

The proposed cuts to our retirement are:

* Illegal: The state cannot cut benefits earned by current public employees to pay the benefits for retirees. The Oregon Supreme Court has spoken. They cannot take money from our individual retirement accounts to balance the budget.
* Unfair: The proposals are a state raid on the OPSRP individual retirement accounts for working people to pay pensions for people already retired. That’s passing the buck to us for the state’s responsibility.
* Extreme: PERS members who have done the math say this will cut their benefits as much as 30 to 40 percent.

The fight against PER cuts is a fight against neo-liberal economics and for a sustainable standard of living for retirees and their communities.

Find the website here and commit to fighting cuts in PERS.

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