news

blog-header.png

Featured Post

October 27 webcast: what we're hearing

Over the course of the second phase of PERAtour, PERA staff traversed the state to meet with nearly 2,000 members, retirees, and concerned citizens at 11 community meetings across Colorado. For those unable to attend a meeting in person, we hosted our first-ever live webcast on October 27 to provide the opportunity to experience one virtually. More than 200 participants tuned in to that webcast, a recording of which is available for viewing here.

Recent Posts

Phase 2 of PERAtour by the numbers

By PERAtour

Phase two of PERAtour, PERA’s statewide community outreach effort, officially wrapped on November 2 with a final meeting in Denver. Over the course of this second leg of the tour, PERA staff held meetings in person and online to share details of a recommended package of changes to the plan that would improve PERA’s risk profile and funded status.

PERA Board legislative package explained: redefining PERA salary for clarity and parity

By PERAtour

During the first phase of PERAtour earlier this year, we discussed with attendees at community meetings across Colorado the five principles and priorities that should guide the PERA Board’s development of plan changes to help reduce PERA’s risk profile. Among these was the guideline that PERA should be a retirement plan that calculates retirement benefits in line with career paths and contributions, meaning that “dollars paid in” should be equitable with “dollars paid out.” In other words, PERA should ensure that members receive back what they paid in—that their benefit is directly correlated with their contributions. When asked about this principle specifically, 87% of respondents were in strong agreement.

Phase 2 of PERAtour: what we’re hearing

By PERAtour

The PERAtour stop in Boulder on October 23 marked the halfway point of PERA’s second statewide outreach effort. The goal for this second round of community meetings is to share details about a recommendation the PERA Board is preparing to make to the Colorado Legislature in the 2018 legislative session. This recommended package would improve PERA's risk profile and funded status, and ensure PERA's ability to pay benefits over the long-term. To learn more about the Board’s proposal designed to shorten the length of time it will take the plan to reach full funding, click here.)