Member Report - Fall 2017

Learn about the proposed changes to PERA, read letters from the PERA Board and Executive Director, and more.

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.
PERA staff will tour the state providing more information about the Board’s recommended package and specific plan changes. Meetings will be held in 11 cities.
​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 has created a fact sheet further explains the recommended package to improve PERA's risk profile and funding status.
​Colorado PERA values the security of all member information. That’s why we implement security methods to make sure that only you have access to your personal PERA information.
Colorado PERA is guided by our commitment to quality customer service, operational efficiency, ethical conduct, and accountability. Our commitment has been recently recognized by two organizations.
​If you’re planning on retiring in the next year, you should begin the process by taking the these steps.
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.
Do you want a one-on-one meeting with Colorado PERA from the comfort of your own home? Consider watching a PERA video.
In the coming months, the Colorado PERA Board of Trustees may consider making changes to PERA’s Rules.
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.
Learn the answers to some frequently asked questions about the basics on being a member of Colorado PERA.
If you you are no longer working for a Colorado PERA-affiliated employer and have less than five years of service credit, PERA must hear from you at least once every five years. If we don’t, your...
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.
It’s important that you do a regular check in with any retirement plan. That’s why we mail you an Annual Member Statement about six weeks after your anniversary date of PERA (or DPSRS) membership.
The Colorado PERA Board of Trustees has recommended a package that would change the benefit you will receive in retirement.