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PERS and school district

The rate McMinnville School District pays for PERS will jump a whopping 61.3 percent next biennium, according to Finance Director Susan Escure.The rate will rise from the current 12.12 percent to 19.4 percent, costing the district an estimated $2,133,000 more a year, Escure said. That’s five times the amount — less than 4 percent — it paid into the Public Employees Retirement System ...

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