Oregon’s treasurer wants $90B pension fund to drop fossil fuels
Oregon State Treasurer Tobias Read wants the state to stop investing in companies that contribute to global warming, divesting the state's pension fund from all fossil fuels and other carbon-producing companies by 2050. Read said the state’s pension fund would be able to do this while still protecting people’s retirement accounts and maximizing financial returns. The Oregon Public Employees Retirement Fund serves about 160,000 people and is currently valued at about 90 billion dollars.
Pension hike not enough for Venezuelans to afford basic food
Venezuela has just over five million pensioners, according to official figures. Annual inflation, which slowed last year but still reached 686.4%, has eaten up their pensions for years.
Potential Corporate Tax Windfall Could Help With Oregon Pension Debt
The Oregon Senate has passed a measure that could produce a one-time $140 million windfall in corporate taxes for the state.
Privatizing Oregon’s Largest Universities? Intriguing But Unlikely
Floated as a revenue-generating option, what would it look like if Oregon’s largest public universities fell into private control?
How Oregon Could Raise $5 Billion To Shrink Its Pension Debt
A task force appointed by Oregon Gov. Kate Brown has released a series of possible options for shrinking the state’s public pension deficit.
Oregon Public Pension Debt Officially Rises By $2.4 Billion
The board that oversees Oregon's Public Employees Retirement System makes a "pragmatic" decision to make a relatively modest reduction in its investment assumptions.