Sixteen Democratic lawmakers press state Treasurer Steiner for a full audit of retirement fund risks

 

They  told Steiner, a fellow Democrat, they’re concerned about the Oregon Public Employees Retirement Fund’s overreliance on private equity to boost returns.

By James Neff

Oregon Journalism Project

Sixteen Democratic lawmakers want Oregon State Treasurer Elizabeth Steiner to conduct what they say is a long-overdue comprehensive audit of the Oregon Public Employees Retirement Fund.

In an Aug. 3 letter, the lawmakers told Steiner, a fellow Democrat, they are concerned about the fund’s overreliance on…