SAN FRANCISCO, April 24 Oregon Governor John
Kitzhaber intends to sign a bill that would lower the state's
public pension costs by more than $800 million over the next two
years, a spokesman said on Wednesday after lawmakers in the
state's House approved it.
The state Senate approved the bill, which forces savings
largely by reducing cost of living increases for retired
public-sector employees, earlier this month.
Spokesman Tim Raphael said Kitzhaber, a Democrat, would sign
the legislation, which comes as state and local governments
across the United States grapple with pension expenses and look
for ways to pare them.