Topics - August 2017

Input sought from employers and information about the new critical shortage legislation.

PERA Needs Employer Input Take Employer Suvey Here PERAtour, PERA’s statewide outreach initiative, concluded its first phase in June. During this phase, PERA held 12 community meetings in nine cities...
House Bill (HB) 17-1176, PERA Retirees Employed by Rural School Districts, passed earlier this year by the Colorado General Assembly, allows rural school districts to declare a critical shortage for...
To hire a critical shortage retiree, a school district must meet the following requirements: Meet the definition of a rural or small rural school district as set by the Colorado Department of...
Once the critical shortage has been declared and the retiree has been hired to fill the position, you must submit a completed Designation of Retirees Working After Retirement in a Critical Shortage...
HB 17-1176 requires you to offer to the critical shortage retiree coverage through your employer-based health plan. The critical shortage retiree may continue coverage through PERACare, but is not...
As with all working retirees, you must remit the following contributions for the critical shortage retiree: Full employer contribution Amortization Equalization Disbursement (AED) Supplemental...
You must notify PERA in writing when the retiree is no longer employed as a critical shortage retiree. For example, if the retiree has terminated employment or has moved into another, non-critical...
The date when a retiree is eligible to return to work in a critical shortage position varies depending on if he/she retired with a full or reduced service benefit. PERA Retiree with a Full Service...
If you have any questions about this new provision, or working after retirement in general, please contact PERA’s Compliance Team at 303-863-3737.
Members and retirees should call the PERA Customer Service Center with questions about benefits or their accounts. The PERA Customer Service Center phone number is 1-800-759-7372 and is open Monday...