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Measure 45
Certified Ballot Title
November 5, 1996 General Election

AMENDS CONSTITUTION: RAISES PUBLIC EMPLOYEES'

NORMAL RETIREMENT AGE; REDUCES BENEFITS

QUESTION: Shall constitution raise public employees' normal retirement age (except police, firefighters), bar medical benefits for non-disability retirees limit guaranteed benefits?

SUMMARY: Amends state constitution. Law now sets normal retirement age, except for police, firefighters, at 58. Measure would raise that to Social Security retirement age (now 65 to 67). Public employers could allow earlier retirement, with benefits reduced to actuarial equivalent of benefits payable at normal retirement age. Governments could not guarantee benefits over 75 percent of final salary. Law now provides medical benefits for PERS retirees. Measure bars medical benefits for non-disability retirees. Measure does not apply to benefits vested or accrued before effective date.

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Elections Division, Oregon Secretary of State • 136 State Capitol • Salem, OR 97310-0722