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  • Colorado’s proposed pension reform is a missed opportunity

    Colorado’s proposed pension reform is a missed opportunity0

    • April 24, 2018

    In November of 2016, Colorado’s Public Employees Retirement Association Board (PERA) realized it had a problem. Not only did the state’s public pension system have a current unfunded liability of $50 billion, but overly-optimistic expected returns and overly-pessimistic mortality tables would leave the plan at less than 20 percent funded in a couple of decades

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  • An opportunity for lawmakers to fix Colorado’s broken public pension system

    An opportunity for lawmakers to fix Colorado’s broken public pension system0

    • June 22, 2017

    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.

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