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As States Struggle to Manage Their Pension Liabilities, Oregon Wants to Take Its Fund Private
Quartz 
Jan. 19, 2013 "[The] Oregon ... legislature is now weighing a bill that will turn the Oregon Investment Council, which manages the state's investment funds -- including its pension scheme -- into a $74-billion investment corporation with independent governance, thereby placing it beyond the state legislature's budgetary control. The Oregon state Treasurer says it's a necessary move. After some bad calls, Oregon's current pension system is more than $16 billion in the hole," MORE >> |
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