OREGON HOUSE REPUBLICANS

For Immediate Release

April 24, 2013

Contact: Kevin Curry, 503-986-1351

HOUSE DEMOCRATS PROTECT SPIKING OF FINAL SALARIES FOR PERS

SALEM, OR - On a party-line vote today, House Democrats voted to protect the practice of “spiking” final salary amounts with unused sick leave and vacation accruals by rejecting a motion by House Republicans to hold a vote on HB 3056. House Republicans attempted to pull the bill directly to the floor after House Democrats refused to hold a hearing on the legislation.

“This is a reasonable reform which would save an estimated $129 million per biennium,” said Rep. Bruce Hanna who introduced the bill. “I am disappointed that House Democrats would not allow a vote on this measure.”

HB 3056 would limit the computation of final salary for the Public Employees Retirement System to salary only, rather than including spiking measure like sick leave and vacation accruals.

The vote was rejected on a party-line with Republicans voting in favor and Democrats voting against the motion.

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