Membership Summary

July 7, 2017

Membership in PERA’s Defined Benefit Plan includes employees of the State of Colorado, all school districts, the judicial system, and many municipalities, special districts, and other local government entities. All employees of PERA-affiliated employers who work in a position eligible for PERA membership must be covered by PERA, except for employees who are hired into a position that makes them eligible for a choice between enrolling in the PERA Defined Benefit Plan or the PERA Defined Contribution Retirement Plan (PERAChoice). Some positions at PERA-affiliated employers are not eligible for PERA membership and may be covered by another separate retirement program.

Colorado PERA Membership

As of December 31, 2016

Division Active Members Average Age Average Years of Service Average Annual Salary
State Troopers  836 41.7 12.4 $87,035
School 121,945 44.5 8.4 $35,666
Local Government  12,736 44.5 7.6 $47,756
Judicial  335 55.9 13.8 $145,372
Denver Public Schools (DPS) 15,950 40.4 5.9 $40,262

Average Retirement Benefits Payable to Colorado PERA Retirees1

For the Year Ended December 31, 2016

  State Division School Division Local Government Division Judicial Division DPS Division
Average monthly benefit $3,345 $3,086 $3,145 $5,624 $3,248
Average age at retirement 58.3 58.6 58.2 61.6 59.2
Average age of current retiree 71.4 71.0 69.0 74.2 74.0
Average years of service at retirement 22.9 23.4 21.7 23.0 24.7
Average age at death 82.4 82.7 80.1 84.2 83.3

1  Includes disability retirements, but not survivor benefits.

Largest Participating Employers1

As of December 31, 2016

Employer Covered Active Members
 State of Colorado 50,963
Denver Public Schools 15,950
Jefferson County School District 12,392
Douglas County School District 8,666
Cherry Creek School District 7,777
Adams­–Arapahoe School District 28J 5,501
Adams 12 Five Star Schools 5,191
Boulder Valley School District 4,686
Poudre School District 4,554
Colorado Springs School District 11 4,475
All other employers 86,536

Total

206,691

1  This schedule was compiled using the definition of an employer as promulgated by Governmental Accounting Standards Board Statement No. 67. For all other purposes, the definition of an employer is governed by Title 24, Article 51 of the C.R.S., PERA’s Rules, 8 CCR 1502-1, and, if applicable, the employer’s affiliation agreement with PERA.