PEAPAC Recommends: YES

Proper stewardship to pare back public employee retirement programs in times of financial problems.

Summary

Raises retirement age for public employees and reduces benefits to match private sector standards.

Biblical Reasoning

While we would rather see this be done by the Legislature, it seems proper in a time of financial problems at home and in the state to pare the retirement program of our servants back a bit.

Psalm 106:3 — “Blessed are they who observe justice, who do righteousness at all times!”

Election Results

39%
61%
YesNo

Voters rejected raising the retirement age for public employees (61% No).

Full PEAPAC Analysis

This measure moves the retirement program of state employees more towards the typical retirement plan of most Oregonians. While we would rather see this be done by the Legislature, it seems proper in a time of financial problems at home and in the state to pare the retirement program of our servants back a bit. We recommend a YES vote on this Measure.