Oregon state look to lotteries and increased taxes to pay for pension deficits

US state pension funds are having to find more and more ‘innovative’ ways of funding their deficits. In Oregon the pension deficit at the end of 2016 equivalent to $5,000 per Oregon resident. Measures being considered include privatizing universities, increasing taxes on alcohol and expanding the national lottery

Oregon Task Force Offers Ways to Cut Pension Deficit by $5 billion

As taster of the breadth and depth of the pension issues in the United Sattes government sector the website provides and ongoing dialogue with the issues in California.

This article was attributed and provided by PG International


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