The problem with the cap is that it is illegal for Tier 1, Tier 2, and OPSRP.  The court will rule that benefits in force at the time of hire will be the benefits received and due at retirement.  There are actually a relatively small number of people eligible for benefits exceeding $100,000 K per year.  The people eligible would be physicians and dentists at OHSU, hi paid administrators in the public school systems, a few state-wide officials and that's about it.  Once you eliminate Tier 1, Tier 2, and OPSRP members, you might save a few dollars per year, but the net effect is more symbolic than financial.  If Oregon wants to recruit from the bottom of the talent barrel, a combination of low salaries and pitiful pension benefits will help us on our race to the bottom.  Good luck with that.