"7.75 percent assumed rate of return...".  LOL.  Good luck with that. Next year will be worse, and the year after, and...

"redirecting billions of dollars out of public coffers & into the retirement system...".  But there's nothing wrong with PERS, right?  It's been fixed!  Nothing to see here - move along...

"Oregon lawmakers need to focus on the downside risk of lower investment returns...".   Gee, ya think?  They/economists didn't see this coming, eh?  How much are these economists paid for this sage advice/forecasting?

"neither legislative leadership nor the governor’s office is willing to take this issue on in this short session...".  Well there's a shocker.  Why do today what can be put off until tomorrow?  Let's wait for this to get much worse - yeah, there's a solid strategy...

"Democrats unwillingness to act...".  Gee, another shocker.  Tell them it's related to global warming - they'll be back in session tomorrow to address it.