Dear PERA Members and Benefit Recipients, I am writing to you as the Chairman of the Colorado PERA Board of Trustees to inform you that the Board is recommending changes to your retirement system. We...
By now, many of you have probably heard about the PERA Board’s recommendation to lower the funding risk of the system. I know that you have questions and concerns and that’s why the PERA staff, Trustees, and I have scheduled 11 meetings around Colorado during October and November.
Every year, Colorado PERA holds elections for seats on its Board of Trustees. In 2018, terms will expire for Trustees in the School and Local Government Divisions as well as the State Division seat held by a member employed in Higher Education.
At its September meeting, the Colorado PERA Board of Trustees endorsed a package of reforms designed to reduce the overall risk profile of the plan and improve PERA’s funded status. This endorsement follows extensive analysis by the PERA Board and a statewide outreach effort with a range of stakeholders.
Colorado PERA is required by law to act solely in the best interest of our members and retirees. This undivided loyalty is called being a fiduciary, and it’s one of the most important aspects of managing your retirement plan.
Colorado PERA’s Customer Service Center expects a very busy fall with the next phase of the PERAtour and PERACare open enrollment. We have some tips on how to get your questions answered as efficiently as possible.
Spending a career as a teacher or State employee is a career spent contributing to Colorado PERA, rather than Social Security. So how do the two systems compare? We looked at five different categories.
You have an account with Colorado PERA for time you spend as a public employee, but what does having an account mean? PERA provides its members with a lifetime monthly benefit, sometimes called a pension.