Oregon State Legislature: Sen. Knopp Defends Public Employee Retirement Fund From Potential Losses From Forced Policy Change
February 18, 2023
February 18, 2023
SALEM, Oregon, Feb. 18 -- The Oregon State Legislature issued the following news release on Feb. 16, 2023:
In the House Committee On Emergency Management, General Government, and Veterans, Senate Republican Leader Tim Knopp (R-Bend) testified in opposition to HB 2601. The bill would force the Oregon State Treasury to divest from certain fossil fuel investments and is projected to result in a significant loss of returns from public employee pensions.
"This bill make . . .
In the House Committee On Emergency Management, General Government, and Veterans, Senate Republican Leader Tim Knopp (R-Bend) testified in opposition to HB 2601. The bill would force the Oregon State Treasury to divest from certain fossil fuel investments and is projected to result in a significant loss of returns from public employee pensions.
"This bill make . . .