State Treasurer Tobias Read unveiled a97-page planon Tuesday to reduce the overall emissions of investments in the Public Employees Retirement System, or PERS, by 60% by 2035 and to get the portfolio to “net-zero” emissions by 2050. This does not mean fully...
If you do not offer a retirement plan to any of your employees, read on for your obligations under a new state-run retirement savings program called OregonSaves. If you do currently offer a retirement plan, find out below how to exempt your business from participation. In either case...
Democratic lawmakers are promoting legislation that would automatically enroll thousands of Oregon workers in retirement savings accounts, a move that proponents said Monday would help ensure nobody is forced to work until they die or to spend their retirement years in poverty.foxbusin...
This piece outlines the issues facing Oregon and also explains some of the deadlines involved. If lawmakers don’t enact a state lege map by July 1 (or the governor vetoes it), then the task falls to Secretary of State Kate Brown, a Democrat. This is typically what’s happened in the...
Legislation:H.R. 1026 (May 17, 2007).State Bodies Affected:State Retirement Systems (NonBinding). Oregon Divestment Measures: Legislation:H.B. 4110 (March 27, 2012).State Bodies Affected:State Treasurer's Office, Oregon Investment Council. ...
This will give your retirement account more time to grow tax-deferred if it’s a traditional 401(k) or tax-free if it is a Roth version. Jan. 10: Do you work as a server at a restaurant or at any other establishment where gratuities from customers are part of your compensation? I...
You should also have a good grasp on whether the area provides the quality of the health care you need. Bankrate’s study found that several Western states — including Colorado, Washington, Utah and Oregon — rank at the top for quality and cost of health care. ...
There are no yearly 529 plan contribution limits, as there are with many retirement accounts. However, each state sets its lifetime contribution limit for 529 accounts per beneficiary, typically ranging from $235,000 to more than $550,000. You also might trigger the gift tax if you ...
Discover how Paid Leave Oregon impacts employees and employers. 40 hours1 hour for every 30 hours. Frontloading is permitted. Annual accrual cap is 40 hours. Employee’s or a family member’s illness, injury or condition; preventive care; employee’s or family member’s serious health ...
State officials hope Intel CEO Pat Gelsinger’s retirement will not impact the chip manufacturer’s $20 billion plan for central Ohio. While Gelsinger officially retired after 40 years with the company and stepped down from the board of directors, several national media outlets reported he was for...