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Oregon’s public pension board stands pat on its key investment assumption

JULY 29, 2019 | by Ted Sickinger | THE OREGONIAN

“The board of Oregon’s public pension system voted 3-to-2 Friday to stand pat on the system’s key funding assumption … Two of the independent board members with no ties to the system dissented after advocating to lower the rate to 7.1% and 7%. … Christelle DeAsis, who is the longest serving member of the board and was attending her last meeting Friday, told board members she wanted to lower the rate to 7%. A move that size would have increased the system’s unfunded liability by $1.8 billion …”

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