The PERA DC Plan is available for certain employees that are eligible for PERAChoice. PERAChoice is the option some PERA employees have to choose between the PERA Defined Benefit (DB) Plan and the PERA DC Plan. Eligible employees include:
- State of Colorado employees hired on or after January 1, 2006
- Certain community college employees hired on or after January 1, 2008
The PERA DC Plan offers the same PERAdvantage investment options as the PERAPlus 401(k)/457 Plans,
Determine how your PERA DC Plan contributions will be invested before Voya Financial receives your first contribution to the DC Plan.