State of Oregon

Approximately 1,900 retired government employees will be asked to repay an average of nearly $28,000 each because their pension board put too much money into benefit accounts in 1999. But a class action lawsuit has been filed on behalf of Public Employees Retirement System (PERS) retirees, claiming the Oregon state pension board cannot get back money from retirees by billing them or lowering their monthly payments, citing a 2003 law that limits it to taking the money from other PERS accounts. If all employees pay up, the total will amount to $53 million.