Author: Brett Barkey
-
‘Bold and immediate steps’ are needed to prevent PERA’s insolvency
—
by
Colorado’s Public Employees’ Retirement Association (PERA) system is going broke. Colorado’s teachers, firefighters, and state troopers are among PERA’s 560,000 members who are expecting retirement benefits in 20 or 30 years, but who, under the current system, may not be able to actually receive them. Ensuring retirees will receive their benefits, while also protecting taxpayers,…