I agree, to a point. The current PERS benefit plan is fine and as far as I can tell unable to lead to a mess like the current one. But there is a current mess and it is going to get worse. I wish there were clear projections beyond the 2 year one that I could find. M97 attempts to solve the current problems, but even many supporters of M97 don't like to think that the pain of the tax will be used to fix the repercussions of a corrected but vestigially bad system. They want the tax put to positive use, but you can't choose one and not the other.

My kid's math class has nearly 50 kids. If schools are forced to kick in millions more to cover PERS it will be a disaster. I think there will be pressure to take money from current employees (no 12% employer pick-up) which also seems aimed at the wrong group, but there is a lot of hostility toward public employees these days now that private employment has become lower paid and with fewer benefits. Sorry... a bit rambling!