Follow us

Contributed By:

NW Life

Retirement Is Up Among Oregonians

OPB | Dec. 16, 2013 12:06 p.m. | Updated: Dec. 16, 2013 1:34 p.m.

City of North Charleston

During the economic downturn, many people who thought they were on the verge of retirement changed their plans as their savings diminished. Instead, some Americans chose to stay in their jobs a few years longer to try to earn back some of what they lost.

But now, economists are seeing the labor force decrease in Oregon and around the country, in part because baby boomers are increasingly able to make good on their deferred retirements.

There’s an additional factor in Oregon: some public employees are retiring early in order to avoid reductions to their Public Employee Retirement System (PERS) benefits. The PERS system has seen a 44 percent increase in retirees this year, in part due to employees who want to avoid the cuts.


blog comments powered by Disqus
Thanks to our Sponsors:
become a sponsor


Thanks to our Sponsors
become a sponsor

Funding Provided By

Rose E. Tucker Charitable Trust

James F. and Marion L. Miller Foundation

Dawn and Al Vermeulen

Ray and Marilyn Johnson