City council to draft resolution to help reduce cost of PERS for the government
KOBI-TV News By Devin Gooden MEDFORD, Ore – The Medford city council is planning to draft and vote on a resolution to help reduce the cost of PERS for public employers. PERS or public employee retirement system will increase starting July first at the start of the new biennium, Oregon’s pension debt is estimated at 27 billion dollars.