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Oregon Measure 8, 6% of Public Employee Salary Toward Pension Initiative (1994)
| Oregon Measure 8 | |
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| Election date |
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| Topic Public employee retirement funds |
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| Status |
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| Type Initiated constitutional amendment |
Origin |
Oregon Measure 8 was on the ballot as an initiated constitutional amendment in Oregon on November 8, 1994. It was approved.
A "yes" vote supported requiring public employees to pay six percent of their salaries toward their pension and prohibiting pension increase from unused sick leave. |
A "no" vote opposed requiring public employees to pay six percent of their salaries toward their pension and prohibiting pension increase from unused sick leave. |
Election results
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Oregon Measure 8 |
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| Result | Votes | Percentage | ||
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611,760 | 50.04% | ||
| No | 610,776 | 49.96% | ||
Text of measure
Ballot title
The ballot title for Measure 8 was as follows:
| “ | AMENDS CONSTITUTION: PUBLIC EMPLOYEES PAY PART OF SALARY FOR PENSION QUESTION: Shall Constitution require public employees to pay six percent of salary toward pension, bar pension increase from unused sick leave? SUMMARY: Amends Oregon Constitution. State government, some local governments now pay full cost of employee pensions. Law now permits pension increase from unused sick leave. Measure requires public employees to pay six percent of salary toward pension. Bars government on, after January 1, 1995, from contracting to relieve employees of contribution duty or to increase salary, benefits as offset. Bars government contracts to guarantee interest rate on public pension funds. Prohibits raising pension benefits from unused sick leave for employees retiring on, after January 1,1995. ESTIMATE OF FINANCIAL IMPACT: When existing labor contracts expire, direct state expenditures for personnel would be reduced by $117.4 million annually ($42.5 million of which is state General Fund). Total direct expenditures for personnel by public schools, community colleges, and local governments would be reduced by $232 million annually ($141.6 million of which is state General Fund). | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
An initiated constitutional amendment is a citizen-initiated ballot measure that amends a state's constitution. Eighteen (18) states allow citizens to initiate constitutional amendments.
In Oregon, the number of signatures required for an initiated constitutional amendment is equal to 8% of the votes cast in the last gubernatorial election. A simple majority vote is required for voter approval unless the initiative proposes changing vote requirements, then the initiative must be approved by the same supermajority requirement as proposed by the measure.
See also
External links
Footnotes
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State of Oregon Salem (capital) |
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