Major Problems in Montana's CI-128 (the Abortion Initiative)
- September 26, 2024
Last fall, members of the Colorado Public Employee Retirement Association (PERA) got some bad news: the amortization periods for the public pension system’s two largest funds had ballooned dangerously. Under current assumptions, the state fund would not be fully funded for 55 years, and the even larger school fund would not be fully funded for 75 years.
READ MOREMembers and non-members alike should be prepared to ask PERA’s board some tough questions about their credibility.
READ MOREThe trajectory of the Public Employee Retirement Association of Colorado’s (PERA) financial condition has been anything but linear. From times of seeming excess to times of projections for failure, the public employee pension scheme has changed radically over time. As of 2013, expected improvements to the system’s outlook have not materialized, and PERA is once again in crisis. While far from alone in the gov- ernment employee problem, Colorado may be facing one of the worst current circumstances.
READ MOREColorado citizens no longer can afford a state pension system dominated by special interests.
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