defined benefit
-

How to reform PERA? Start with its board
—
by
As a candidate for state treasurer I often get asked how I would fix the Public Employees Retirement system, known as PERA, that currently has an unfunded liability of $32 billion. The state treasurer sits on the 16-member PERA board, so it is a relevant question. I have three close family members who are PERA members,…


