Topics - May 2021 - Colorado PERA

Topics - May 2021

Learn about contribution rate changes, changes to PERA's Recordkeeper selection, retirement notification enhancements, and more.

Contribution Rate Changes Effective July 1, 2021

In July 2021, member contribution rates will be increasing by 0.5% for most members. This is the third phased-in scheduled increase as part of 2018…

Upcoming Changes to PERA’s Recordkeeper Selection

On March 19, 2021, the Colorado PERA Board of Trustees authorized staff to enter into contract negotiations with Empower to be the recordkeeper for…

Delayed Spring Season Impact on Reporting

The spring sports schedule for 2021 has shifted to later in the year due to the pandemic. What does this mean to an employee who is planning to retire…

Recap of Multifactor Authentication (MFA)

On April 8, 2021, PERA put into production an enhancement that improved the security, authentication, and authorization of PERA’s Secure Transfer and…

2021 Proposed Legislation Status

Click to learn more about this year’s proposed legislation status on the PERA on the Issues digital newsletter.

2021 Enhancements to the Retirement Notification Process

In an effort to better serve our employers with planning for the busy retirement season, we have made a change to the monthly retirement notification…

Report Reminders for Retirement Season

Thank you for your assistance. If you have any questions regarding the reminders above, please reach out to your Employer Representative.

Contribution Reporting Booklet Update

Colorado PERA has recently updated our PERA Employer Contribution Reporting and Adjustments booklet. This comprehensive guide provides detailed…

2021 Holidays

Contribution reports and payments are due within five business days of payment to employees, excluding holidays. The following are the bank/Colorado…