PERS Rate Estimate as a percent of salary
			Actual		Actual		Estimated
			2003-2005		2005-2007		2007-2009
	SLGRP Rates before bonding
		Normal Rate	11.05
		Retiree Health	0.64
		Total	11.69
		UAL	-1.45
		Rate before litigation	10.24		15.73	*	21.22	*
	* Community College rates-phased in-State and Local Government Rate Pool
	http://oregon.gov/PERS/EMP/docs/er_general_information/c_1_milliman.pdf
	LBCC rates		% of payroll		% of payroll		% of payroll
1		Rate before litigation	10.24
2	Bonding	Lump Sum Effect	-8.27
3	PERS Board action 1/2005-rate phase in				5.9		11.39
4	Strunk vs. PERS (8% guarantee)						2.7	2.1 billion
5	City of Eugene vs. PERS-1999 earnings						-2.0571	1.6 billion
6	Effect of 2004 gains	unknown					0.0
					0		0
	Net LBCC PERS rate		1.97		5.9		12.0
	Department Debt Serv Rate on Bonds
		03-04	7.52
		04-05	5.77
		05-06			7.45
		06-07			7.45
		07-08					7.45
		08-09					7.45
	Combined Rate PERS + Bonding			% increase		% increase		% increase
		03-04	9.49
		04-05	7.74	-18.44%		Increase
		05-06			13.35	72.48%
		06-07			13.35	0.00%		Increase
		07-08					19.4829	45.94%
		08-09					19.4829	0.00%
	Actual				OPSRP Rate Estimate
	2003-2005		2003-2005		2005-2007		2007-2009
		NEW employees
	OPSRP		8.04		8.04		8.04
		Total	8.04		8.04		8.04
	Department Debt Serv Rate
		03-04	0
		04-05	0
		05-06			7.45
		06-07			7.45
		07-08					7.45
		08-09					7.45
	Combined Rate OPSRP + Bonding			% increase		% increase		% increase
		03-04	8.04
		04-05	8.04	0.00%
		05-06			15.49	92.66%
		06-07			15.49	0.00%
		07-08					15.49	0.00%
		08-09					15.49	0.00%
	Composit Rate PERS/OPSRP + Bonding			% increase		% increase		% increase
		03-04	9.42
		04-05	7.77	-17.49%
		05-06			13.67	75.95%
		06-07			13.78	0.78%
		07-08					18.48	34.16%
		08-09					18.29	-1.08%
	As of 5/6/05 there is about 10% of payroll
	that is OPSRP
	It looks like 5% increase in percentage of
	employees covered by OPSRP per year
	2003-4	5%
	2004-5	10%
	2005-6	15%	projected
	2006-7	20%	projected