This report is produced to support the PERS Board in its role as policy advisor to the Legislative Assembly on potential changes in PERS benefits. Concepts have not been evaluated for:
§ Impact to collective bargaining discussions
§ Relationship to workforce management objectives
§ Compliance with previous court rulings
§ Prospects for adoption by the 2013 Legislature
The intent of this report is to provide high-level information on how these concepts would affect PERS members and employers, and the potential impact on system funding, employer rates, member benefits, and administration.
Analysis letters (from PERS' actuary, Milliman)