It’s time to stop kicking the can down the road. Oregon’s Public Employment Retirement System (PERS) is like a runaway train and soon, it’s going to hit Klamath Community College head on.
I am a longtime member of the KCC board of education, but I did not write this editorial on behalf of the board or the college. As a community member, I have seen KCC grow to become one of our community’s greatest assets. My concern is the financial disaster that awaits its future.
KCC employs more than 200 people and serves more than 6,000 students annually. It provides education and workforce opportunity for people of all ages and backgrounds, and it is vital piece of the Klamath Basin economy. Although KCC is financially stable, if PERS continues ballooning, it will eventually affect the college’s ability to serve students and to keep tuition affordable.