Oregon Measure 7, Repeal of Governors' Retirement Fund Initiative (1972)
| Oregon Measure 7 | |
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| Election date |
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| Topic Public employee retirement funds and State executive official measures |
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| Status |
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| Type Initiated state statute |
Origin |
Oregon Measure 7 was on the ballot as an initiated state statute in Oregon on November 7, 1972. It was approved.
A "yes" vote supported repealing the retirement fund for the office of governor. |
A "no" vote opposed repealing the retirement fund for the office of governor. |
Election results
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Oregon Measure 7 |
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| Result | Votes | Percentage | ||
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571,959 | 66.16% | ||
| No | 292,561 | 33.84% | ||
Text of measure
Ballot title
The ballot title for Measure 7 was as follows:
| “ | REPEALS GOVERNORS' RETIREMENT ACT - Purpose: Measure would repeal 1971 legislative act establishing retirement fund for the office of governor. Any person who served as governor for two years upon retirement from public employment, Oregon or federal, is entitled to pension equal to 45 percent of his salary. However, benefits are reduced by amounts received from other public retirement programs. Retirement fund is financed by legislative appropriations, donations, and contributions from governor’s salary in the amount of 7 percent. ESTIMATE OF FINANCIAL EFFECTS: One ex-governor is eligible for Governor's retirement benefits. During the 1972-'73 fiscal year, retirement benefit payments would total $7,875. During the same period the current Governor would pay $2,065 into the fund. If this measure passes, annual savings are estimated at $5,810 for each of the next two fiscal years. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
An initiated state statute is a citizen-initiated ballot measure that amends state statute. There are 21 states that allow citizens to initiate state statutes, including 14 that provide for direct initiatives and nine (9) that provide for indirect initiatives (two provide for both). An indirect initiated state statute goes to the legislature after a successful signature drive. The legislatures in these states have the option of approving the initiative itself, rather than the initiative appearing on the ballot.
In Oregon, the number of signatures required for an initiated state statute is equal to 6% of the votes cast in the last gubernatorial election. A simple majority vote is required for voter approval.
See also
External links
Footnotes
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State of Oregon Salem (capital) |
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