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PERA operates by authority of the Colorado General Assembly and is administered under Title 24, Article 51 of the Colorado Revised Statutes. The primary purpose is to provide benefits and programs as specified by state law, and the Board of Trustees oversees the administration of these benefits and programs, as established by the state legislature. Any changes must go through the legislative process and be signed into law by the Governor. 

Click here for the latest on 2024 PERA-related legislation.

Legislation Impacting PERA 
Senate Bill 18-200

The Colorado General Assembly passed Senate Bill 200 during the 2018 legislative session, which was a bi-partisan and comprehensive pension reform measure that made a number of changes to the contribution and benefit structure of Colorado PERA.

Senate Bill 18-200 Impact of Changes