Workers, Retirees Denounce Proposed Pension Cuts in Oregon - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Workers, Retirees Denounce Proposed Pension Cuts in Oregon

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SALEM, Ore. - Active and retired public employees say they shouldn't have to give up pension benefits to help increase funding for school.
    
Members of the Public Employees Retirement System told Oregon state lawmakers on Thursday that it's unfair to look to their pensions to resolve issues in the state budget.
    
A joint committee of House and Senate members held its first public airing of the bills planned for a special session of the Legislature.
    
An agreement between Gov. John Kitzhaber and legislative leaders would cut pension costs for state and local governments and generate new revenue for the state.
    
Proponents say the government needs to get a handle on rising employee pension costs and generate new revenue to reinvest in schools.

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