pensions
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COVER STORY | Hot Topics of the 2022 General Assembly
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With 2022 an election year, lawmakers traditionally back off a bit from introducing controversial bills. That’s why they have approved some of the biggest measures of the past six years – oil and gas reform, Colorado option, climate change and greenhouse gas – in odd-numbered years when they worry less about voter reactions at the ballot box. Will…
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Colo. isn’t only state with big public-pension funding gaps
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A public employee pension crisis for Colorado and other state’s governments has deepened to a record level even after nearly nine years of economic recovery for the nation, according to a study released Thursday, leaving many states vulnerable if the economy hits a downturn. The massive unfunded pension liabilities are becoming a real problem not…
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Out West Roundup: Motion-activated cameras capture animals being wild, weird
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Wyoming Motion-activated cameras capture animals being wild, weird CHEYENNE – How does a bighorn sheep say “cheese?” Some charismatic critters caught by motion-detecting wildlife cameras seem to know how to strike a pose. But it’s not just show business. As these devices get ever smaller, cheaper and more reliable, scientists across the United States are…
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Republican Tom Tancredo at Capitol to talk PERA, prepare for Hickenlooper-Tancredo transition
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Republican Tom Tancredo, the former congressman running for governor of Colorado, spent Thursday morning at the state Capitol to hear Gov. John Hickenlooper’s final State of the State address and offer his thoughts on where the state is headed. “Let’s be realistic about this,” Tancredo told Colorado Politics before Hickenlooper, who is term-limited, delivered the…
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A PERA for the masses? It’s now pending in the Colorado legislature
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Instead of alms for the needy, some Colorado lawmakers want to give them a shot at a retirement plan – through a new fund that would be set up by the state. House Bill 1290, recently introduced in the House by state Reps. Brittany Pettersen, D- Lakewood, and Janet Buckner, D-Aurora, sets up the “Colorado Secure Savings Plan” and establishes a…
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Bill to shield retired miners divides coal-state Republicans
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An election-year bill to fulfill a 70-year-old government promise and protect health-care and pension benefits for retired miners is dividing coal-state Republicans, pitting endangered incumbents against GOP leaders wary of bailing out union workers. Retirement and health-care funds currently support about 120,000 former miners and their families nationwide. But account balances have dwindled amid continued…
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Kansas predicts low pension investment returns
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New data shows that Kansas’ expected low return on pension investments over the past year is a reflection of a national downward trend. The Topeka Capital-Journal reports that the nonpartisan Pew Charitable Trusts released its report on Wednesday. The report comes days after the one-year anniversary of a $1 billion pension bond that infused the state’s…
