For those retirees in variable, PERS recently (before Thanksgiving) posted the variable results are pretty sobering. From January 1 to October 31, 2008, the...
For those of you who are mystery buffs, I just finished the best mystery I've read in all of 2008. It is called "The Girl With the Dragon Tattoo" by Steig...
As noted in my blog today, I've severed all ties with OPDG and have resigned myself to be only a reader there. All pertinent PERS news that I have to offer...
... ******************************************** Anyone who has been awake in the last 2 months could see something like this coming for Variable and...
... Do you know where you stand longterm in variable since retirement? This is one of the questions that keeps getting asked. Will we recover? How have we...
... Steve. I appreciate your comments and your support. I also appreciate the fact that you went to the mat with OPRI to try and effect a change in the...
Has anyone heard about the side accounts or reserves in light of the very substantial negative earnings through Oct. 2008? I read the Mercer Report on the...
... very substantial ... the Negative Earnings ... http://www.oregon.gov/PERS/docs/financial_reports/actuarial_service/negativeearningsimpa ... 2008 and 2009....
... @@@ I write this from central Texas during an extended period of minimal network connectivity. As a result, I have not been able to follow OPDG messages...
... first ... PERS ... November ... work ... on ... NOT ... payments. ... income. ... so ... I ... other ... First, thanks to Marc for starting a real PERS...
Never thought I'd be wondering about deflation... But, should the economy stagnate and fall into deflation, is it correct that the next few years we retirees...
... To the best of my knowledge, we continue to get a COLA as long as inflation exists, and under the possibility of deflation we'd continue to receive up to...
... Scott: Here is the full text of ORS 238.360 (the Tier 1 COLA statute): 238.360 Cost-of-living adjustments. (1) As soon as practicable after January 1 each...
... Paragraph 2 is somewhat confusing as it implies that the worst case scenario would be no net change in benefits. So we seem to be back where we were...
Notice that registered members has gone over 250 as of today. I am confident that the readership is larger than the registered membership, but it doesn't...
... Earnings ... http://www.oregon.gov/PERS/docs/financial_reports/actuarial_service/negativeearningsim pa ... Here is the latest word from PERS. Regarding our...
... the very substantial ... the Negative ... http://www.oregon.gov/PERS/docs/financial_reports/actuarial_service/negativeearningsim ... for 2008 and 2009. I ...
... 00000000000000000000 And thank *YOU* once again, Marc, for setting up this group. It's great to be able to go to your blog and to this board (POD) to get...
The following article was posted to the Retiree section of the PERS website November 24th. I think it is PERS' speak for 'look out for a hit in your February...
... <pegppeg@> ... last ... to ... ****************************************************** What I've learned this morning is that Martha Sartain and Kay Bell ...
... continue ... statute, ... the pols ... will ... August ... Thanks for the research and relevant ORS. I agree with 0% being the lower bound, but I have...
I shifted all (I only had been putting in 25%) of my variable account into the fixed in 2000 using the one time only option that PERS allows. Luckily, this was...
... ************** Marc, can't "thank you!" enough for getting this discussion group started. Every now and then I check in on the OPDG and it sickens me to...
For those of you who have withdrawn or rolled over your IAP since 2006, have you been able to figure out how PERS determined the interest rate applied to your...
... portion ... that ... have ... how ... still ... I ... and ... the ... at ... ************************************************* I'm glad you know that the...
I've run across some information suggesting that the PERS Coalition may be considering introducing a bill in the 2009 legislature to increase the size of the...
... you ... more ... %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% For those interested, the composition of the Variable Account changed earlier this year from...