HB 1114 authorizes the state treasurer to review all records or information within the custody and control of PERA. Neither the executive director nor the board may deny the state treasurer’s request for records or information.
The Legislative Audit Committee received an update from Cavanaugh Macdonald on the funded status of PERA and an update to the Signal Light Study originally authorized under Senate Bill 14-214.
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.
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.
Secure PERA is proud to announce our endorsements in the 2016 legislative races.
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.