The Colorado Legislative Audit Committee released the 5th consecutive clean audit on PERA. The Auditors did not find and material weaknesses or significant deficiencies in PERA’s reporting or controls.
The PERA Board of Trustees released the Comprehensive Annual Financial Report or CAFR for short. This annual report let’s us know how all of the divisions of PERA did over the last year.
On June 23 PERA released their Comprehensive Annual Financial Report, also known as the CAFR. The defined benefit plan has the most money it has ever had at $44.2 billion. In 2014, PERA distributed $3.9 billion to former public employees. Of that $3.9 billon, $3.5 billion went to Colorado retirees who spend those dollars here […]