How PERA Works for Colorado

How does PERA work for Colorado?

Every year, Colorado PERA retirement benefit payments are a critical source of reliable, predictable income, and provide an “automatic stabilizing effect” on the state, regional, and local economies.

 

532546586.png

PERA
CONTRIBUTES

to communities statewide...

$3.8 billion

provided by PERA in retirement distributions to 98,332 Colorado residents

90%

of PERA members live in Colorado (and their money stays here, too)

PERA retirement distributions result in

$6.1 billion

in total economic output

PERA retirement distributions help sustain

32,807 jobs

532546586 copy 2.png

PERA
ATTRACTS

the best talent to
public service...


PERA serves

550,000+

members and retirees

69%

of Coloradans view retirement benefits as an important job feature

65%

of Coloradans are willing to sacrifice pay for guaranteed retirement income

200484167-001 Jochen Sand - Photodisc - Thinkstock.png

PERA
PROVIDES

a secure retirement...

1 in 10

Coloradans

are PERA members

Regardless of career path, PERA benefits are better than other retirement options

PERA member who works for 30 years starting at age 35 receives 72.2% of income replacement (versus 28.3% with a 401(k)-like plan)

PERA member who works for 3 years starting at age 40 receives 4.4% of income replacement (versus 3.0% with a 401(k)-like plan)