Fast-growing compensation costs for public employees during the next five years could force local and state governments in Oregon to slash their workforces by as much as 10 percent, according to a new Portland State University study.
“Historically unprecedented” increases in the costs of public employee pensions as well as rising worker pay and health insurance premiums could drive up the full price — salary and benefits — of a typical worker by almost 30 percent by 2021, the study found. The worker, now paid $70,000, plus benefits, for a total annual cost of $123,000, will rise to a total cost of $159,000 by 2021, the study found.
Absent tax increases or a booming economy, Oregon cities, counties and other agencies will have to turn to workforce reduction in order to find the money to pay for the increases, the study said.
Of course, our governor from Minnesota wants to increase the number of public employees, so this PSU study ought to have an effect similar to thwapping her across the face with a frozen salmon. I don't know about you, but to me it's appalling that a "typical" public employee is compensated to the tune of six figures. No wonder Democratics are always pushing for higher taxes and fees around here.
Actually, the idea of somebody thwapping Kate Brown across the face with a frozen salmon makes me smile.