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2019-172-Resolution No. 2019-022 Recorded 5/28/2019Recorded in Deschutes County CJ2019-172 Nancy Blankenship, County Clerk Commissioners' Journal 05/28/2019 3:12:47 PM OEs c 111!illiiinmimimiumii BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Urging the Oregon Legislature to Enact Public Employee Retirement System (PERS) Reforms that Reduce Pension Costs for Public Employers and Taxpayers RESOLUTION NO. 2019-022 WHEREAS, Oregon public employers, including Deschutes County are facing an estimated unfunded actuarial liability (UAL) in the Oregon Public Employee Retirement System (PERS) pension program of currently more than $26 billion, and employer payroll costs have risen from 12% of payroll in 2010 to 19% in 2020 and are expected to rise to more than 30% of payroll by 2025, in some jurisdictions of the state, if the legislature fails to address reforms to the PERS pension program that will reduce system's claims on public budgets, taxpayer resources and public services; and WHEREAS, taxpayer annual costs are rising, from an estimated $600 per Oregon household in 2010 to more than twice that amount currently — more $1,500 per household this year -- and climbing to an expected more than $2,200 per year by 2023; and WHEREAS, legal and fair options for reforming PERS pensions, including, but not limited to those outlined by the PERS Solutions for Public Services coalition, would provide a path for lowering present and future PERS costs for public employers and taxpayers across the state; and WHEREAS, Deschutes County will benefit from participating with other public employers across the state in advocating for significant PERS pension reforms at the Oregon legislature, now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. We believe that, while every public employer and taxpayer in Oregon is bearing the burden of the PERS UAL in rapidly rising payroll costs, only the state legislature has the authority to reform PERS pensions to reduce the system's costs to public employers and Oregon taxpayers; and Section 2. We believe some of the principles outlined by PERS Solutions for Public Services meet the objectives of Deschutes County, a bipartisan effort to find solutions that are fair for taxpayers, public employers and public employees alike; and Section 3. We believe that Deschutes County, its employees and its citizens will benefit from PERS pension reforms, and relieving the PERS pension burden on Deschutes County budgets, including some of those proposed by the Oregon legislature will allow Deschutes County to invest in continued public services for our community, and that reforms should be done on a system -wide basis, so that all jurisdictions and the services they provide share in the relief; and Section 4. We believe the Oregon legislature has a responsibility to take steps necessary to reduce the PERS claim on public services; such as police and fire, public health, higher education, child welfare, college tuition, the justice system, and senior services; and furthermore that all public employers, not solely K-12 education, be included in reforms. PAGE 1 OF 2 — RESOLUTION NO. 2019-022 Section 5. This resolution is effective immediately upon its adoption. Dated this o , 20 �1 PAGE 2 OF 2 — RESOLUTION NO. 2019-022 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNT,', OREGON L PHILIP G. H DERSON, Chair PATTI ADAIR, Vice Chair ANTHONY DeBONE, Commissioner