OregonLive reports PERS rates for state agencies will more than double in 2011.The actuary for Oregon’s Public Employee Retirement System confirmed Friday what is already a common-knowledge piece of the state’s looming budget shortfall: the cost of funding PERS will increase sharply in 2011. Mercer Inc. told the PERS board Friday that systemwide, the payroll rates paid by cities, counties, school districts and state agencies to cover their employees’ pension and health care benefits will more …

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Oregon’s Public Employee Retirement System (PERS) in Deep Trouble, Taxpayers on the Hook