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Board of Trustees

By state law, the management of the public employees’ retirement funds is vested in PERA’s Board of Trustees. The 16-member Board of Trustees includes three Trustees appointed by the Governor and confirmed by the Senate; four members from the School Division; three members from the State Division; one member from the Local Government Division; one Judicial Division member; two PERA retirees; a non-voting representative from the DPS Division; and the State Treasurer as an ex officio, voting member. If a Board member resigns, a new member is appointed from the respective division until the next election. 

Four Board Seats Up For Election in 2022

See "Board Election" below for information about the election and how to get a candidacy packet.

    Current Board of Trustees and term expiration dates

    Contact us! If you have a question for the Board, submit by clicking below. 

    SUBMIT A QUESTION

    Board Meetings 

    January 21, 2022 (Agenda)

    Evaluation (Jan. 11)Executive (Jan. 18)

    Future Meetings:

    • March (17) 18, 2022
    • June (16) 17, 2022
    • September 21-23, 2022 (Board Meetings and Planning Sessions)
    • November (17) 18, 2022
    Public Comment 

    To offer public comment during a PERA Board meeting, a phone line is available to accept calls 30 minutes prior to public comment and it will close immediately after public comment has ended. Please follow the instructions below to offer public comment during a PERA Board meeting:

    • Register prior to the meeting by emailing Brenda Meidl at bmeidl@copera.org.
    • Call 855-721-0566 to be placed in the queue in the order in which you call in.
    • To be considered for public comment, you must call in 15 minutes prior to start of the meeting. 
    • You have the option to leave a voicemail if you miss the time window noted above.
    • Provide your name and the topic on which you want to comment to PERA staff once you are in the queue.
    • Please wait for the Chairman’s cue to speak; you will be limited to a maximum of three minutes.
    • Your call will be disconnected when the public comment agenda item is completed.

    PERA reserves the right to terminate your call if your comments are disruptive to the meeting.

    Board Election 

    Four Board Seats Up For Election in 2022

    In May 2022, Colorado PERA will hold an election for the following seats on the Board of Trustees:

    • School Division—4-year term (To be filled by an active employee of a public school, not including Denver Public Schools)
    • State Division (Higher Education)—4-year term (To be filled by an active employee from an Institution of Higher Education)
    • State Division/Special Election—2-year term (To be filled by an active employee at any employer assigned to the State Division, other than an Institution of Higher Education)
    • Local Government Division—4-year term (To be filled by an active employee at a Local Government employer)

    If you’re interested in running for a seat on PERA’s Board, please complete the online candidacy packet request form:

    PERA Board of Trustees 2022 Election Candidacy Packet Request

    Candidacy packet requests can be made beginning on January 3, 2022, and continuing through March 1, 2022. If you have difficulty accessing the online candidacy packet request link, please email election@copera.org.

    PERA recommends requesting a packet as early as possible because all completed materials, including candidacy support petition signatures, are due by 11:59 p.m. (Mountain time) on March 1, 2022.

    Once your completed candidacy packet request form is received, PERA will email you the candidacy packet materials. To be placed on the ballot, a candidate must fulfill the requirements explained in the candidacy packet materials and will be subject to a background check.

    The Board of Trustees meets at least five times per year and is responsible for adopting the rules and policies for the administration of PERA. Elected Board members serve without pay, but are reimbursed for necessary expenses.

    Ballots will be mailed in early May to active members in the State, School, and Local Government Divisions. Active State Division members will vote for one candidate for the Higher Education 4-year seat and one candidate for the Special Election 2-year seat.

    Current Board of Trustees and term expiration datesServing as a PERA Trustee fact sheet
    Board Committees 

    Audit Committee

    Reviews PERA’s internal controls related to financial and accounting reporting systems, provides oversight for the ethical conduct of the Board and PERA staff, and assists the Board in fulfilling its fiduciary responsibilities. This committee is made up of no fewer than five Board members as well as two outside members who are independent of any relationship with PERA.

    Benefits Committee

    Oversees PERA’s benefit programs and has no fewer than six Board members.

    Compensation and Budget Committee

    Submits a budget that implements the organization’s policies and priorities, recommends changes to the Total Compensation Philosophy statement, recommends compensation levels for the Executive Director, and sets the education budget provided for Trustees’ education. This committee has no fewer than five members.

    Evaluation Committee

    Assists the Board with certain performance evaluation responsibilities and includes the Board Chair, Vice Chair, and the chairs of all standing Board committees.

    Executive Committee

    Includes the Board Chair and Vice Chair (plus the Executive Director) and oversees effective management of Board and committee meetings.

    Investment Committee

    Provides oversight of PERA investments and directs PERA management on implementation of investment policy and procedures related to the fund’s rights and responsibilities as an investor in many public corporations. This committee has no fewer than six Board members.

    Committee Assignment