" If pension officials get their wish, the Oregon Investment Council (OIC), the body that oversees a combined $80 billion in pension and other state trust fund assets, will become the Oregon Investment Corp., a quasi-governmental entity with greater control over the state's assets.... [T]he staff of the corporation would report to a fully independent board rather than to just the treasurer. The board would take budgetary authority away from the legislature, be able to scrutinize the cost of the entire program and prioritize human capital and technology resources[.]"  MORE >>