The 2008 Stock Market Crash and PERA

In 2008, the stock market crashed. Headlines proclaiming the unequivocal disaster looked like this… What did that 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 […]

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.