PERS reform dissected

Fun graphic from Mark Friesen in the Oregonian – mouseover the dots and see the retiree’s name, final salary, and retirement benefits (you gotta follow the link here, below is just a screenshot).

The accompanying article by Ted Sickinger makes a lot of interesting points about how haphazard current payouts are under the money match formula, and analyzes the reform proposals. I won’t try to summarize, except to say that Frohnmayer got bumped from #5 to #6 by an oncologist – even after his $5K COLA. Read it all here.

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