CO-Leg

PIed: SB 158 – PERA Board Composition

Senate Bill 158 is sponsored by Senator Tate (R- Arapahoe County) and Representative Nordberg (R – Colorado Springs). Senate Bill 158 would change the composition of PERA’s Board of 15 Trustees. It would reduce the number of Trustees elected by members and increase the number of Trustees appointed by the Governor.

Fordham Institute Report Gets It Wrong

A recent report by the Thomas B. Fordham Institute looked at pension plans across the country and made some critical pronouncements. In the case of Colorado, however, they made a fatal flaw in one of their assumptions, negating the validity of their arguments regarding Colorado PERA.