PERA members contribute 8% of their monthly salary (10% for Colorado Bureau of Investigation and State Troopers). Click here for a fact sheet on contribution rates.
- Most members do not receive social security for their public service – this is a replacement for that program.
Employers also contribute a percentage of their total payroll- the percentage depends on the organization.
These contribution amounts were increased in 2006 & 2008 (AED & SAED) While this is considered an additional amount from the employer the actual cost is passed onto the employee in the form of a reduced raise.
These contributions were again increased in 2010 via Senate Bill 1. Please see the Senate Bill 1 Section of this website for more information.