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PERS Employer Outreach, Communication & Education Welcome! Oregon  Form

PERS Employer Outreach, Communication & Education Welcome! Oregon Form

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shoo notes to these entities for that corresponding amount swapping out in my example 25 percent of the cash so instead of an entity having a hundred million dollars in the green column of cash balances there was all in investments you know in a bank account or in a state treasurer's pool they would have 75 million and a 25 million note there would be backed by The Full Faith and Credit of the state itself a very strong correct okay the state note could bear interest at some appropriate rate but would not have a maturity date right and it would represent the fact that there's some portion easily 25 percent of this money that we would expect to be there in perpetuity right rather than ever be drawn down for those of you who've read Jane Austen's Pride and Prejudice that's actually something called a console um that the British had starting in about 1715 but I digress okay there would be a kind of put feature or an optional way of getting your money back from the state note but only if r

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