Massive prison payout highlights dismal financial picture for State Insurance Fund

Escalating liabilities soar faster than lawmakers appropriate money to pay settlements. 

 

By Nigel Jaquiss

Oregon Journalism Project

Last month, Oregon agreed to pay $49 million to COVID-afflicted state prison inmates. It’s the state’s biggest payout ever — and underscores an underlying liability that is far larger.

The estates of 38 inmates who died are set to receive $33.1 million; $15.9 million will go to 5,000 inmates who contracted the virus while in custody.

Although…