Archive | In the News

The Plot Against Pensions

Below is a great new study on how Pew and Arnold Foundation are trying to undermine pensions. Institute for America’s Future – The Plot Against Pensions: The Pew-Arnold campaign to undermine America’s retirement security – and leave taxpayers with the bill

What Detroit Could Have Learned From PERA

What Detroit Could Have Learned from PERA By Gregory W. Smith, PERA Executive Director Published July 27, 2013, in The Denver Post There are a lot of important lessons in the sad news of Detroit’s serious economic woes. A variety of factors — including population decline and political corruption, among others — contributed to Detroit’s current […]

Who’s Making Decisions About Your Pension Fund?

NEA Today June 24, 2011 Some states are pushing to replace educator representatives on pension trustee boards with political appointees. They claim it’s to restore health to the funds, but research shows that boards with strong member representation deliver better pension fund earnings.

The Pew Center Gets It Wrong For Colorado

On April 26th The Pew Center on the States released a report entitled “The Widening Gap: The Great Recession’s Impact on State Pension and Retiree Health Care Costs”. In this report the Pew Center equates pension funds in 2009 with a growing crisis but they left out that Colorado joined together for a bi-partisan solution […]

Public pensions, once off limits, face the axe

April 27,2011 New York Times Conventional wisdom and the laws and constitutions of many states have long held that the pensions being earned by current government workers are untouchable. But as the fiscal crisis has lingered, officials in strapped states from California to Illinois have begun to take a second look, to see whether there […]

PERA must make changes for future

“The Public Employees’ Retirement Association (PERA) held its second listening tour stop in Colorado Springs Wednesday. The Board of Trustees and executives told a full house of PERA members, retirees and employers that unless changes are made PERA will not be sustainable in the years to come.”