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What is WEP?

Here are the basics of what you need to know about Windfall Elimination Program, thanks to our partners at the National Education Association.

What is PERA?

PERA is a hybrid defined benefit plan. Colorado Public Employees’ Retirement Association (PERA) provides retirement and other benefits to the employees of more than 500 government agencies and public entities in the state of Colorado.

The 2008 Stock Market Crash and PERA

What did the 2008 stock market crash mean for PERA? PERA ended up losing 25.9% of their fund in the 2008 stock market crash.  Ultimately, this meant that PERA was going to run out of money in approximately 30 years and wouldn’t be able to pay out all the benefits owed to employees. This spurred […]