He became a member of PERA’s executive leadership team in 2009. There are about 150,000 people who receive PERA benefits in Colorado and more than 200,000 people actively contributing to the pension system, according to the organization’s 2021 annual report. The employees of more than 500 government agencies and public …If you registered with myPERA and are not sure which email you used to create your account, contact us at 651-296-7460 or 1-800-652-9026. We can help you get back online. Remember, we respect your privacy and will never share your email with third parties. Security Updates to myPERA. You can be confident that your myPERA account is secure.Colorado PERA, Denver, Colorado. 12,875 likes · 13 talking about this · 60 were here. Official Facebook page of Colorado PERA. PERA provides retirement benefits to 670k+ …Health care may be one of your biggest concerns in retirement. If you are retired, or about to retire, you may want to check out a 45-minute PERACare Information Webinar that explains the retiree health care, dental and vision plan insurance options offered through PERA. Retiree health plans are offered for people under 65 and for people over 65 and on Medicare, so please choose a webinar ...Colorado PERA Medicare Advantage # 2 Effective January 1, 2023 to December 31, 2023 This is a short summary of your plan benefits and costs. See your Summary of Benefits for more information . Or review the Evidence of Coverage for a complete description of benefits, limitations,Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses. Details. The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. DetailsAt the September 11, 2020, Board meeting, Colorado PERA's Board of Trustees held a rules hearing to discuss changes to its rules, which govern much of PERA's day-to-day operations. These changes involve removing criteria for determining whether certain payments are considered PERA-includable salary and will be effective January 1, 2021.If you wish to use any of the copyrighted material other than as expressly provided in the first paragraph above, please contact PERA's Communications Division at 1301 Pennsylvania Street, Denver, CO 80203-5011 or [email protected]. PERA reserves the right to deny any such request in its sole discretion.If you wish to use any of the copyrighted material other than as expressly provided in the first paragraph above, please contact PERA's Communications Division at 1301 Pennsylvania Street, Denver, CO 80203-5011 or [email protected]. PERA reserves the right to deny any such request in its sole discretion.Health care may be one of your biggest concerns in retirement. If you are retired, or about to retire, you may want to check out a 45-minute PERACare Information Webinar that explains the retiree health care, dental and vision plan insurance options offered through PERA. Retiree health plans are offered for people under 65 and for people over 65 and on Medicare, so please choose a webinar ...New contribution limits. Earlier this month, the Internal Revenue Service announced updated contribution limits for 401 (k) and 457 plans for 2022. Participants will be able to contribute up to $20,500 into a 401 (k) or 457 plan next year, up from $19,500 in 2020 and 2021. The IRS said the catch-up contribution limit for participants who are 50 ...In response to interest from PERA's stakeholders, we are pleased to present our annual Investment Stewardship Report and supplemental resources.PERA's stewardship approach adheres to our investment policies by maintaining focus on maximizing risk-adjusted returns across the Total Fund, in line with our mission to provide retirement security for our members while ensuring the sustainability ...Colorado PERA provides retirement and other benefits to more than 670,000 current and former teachers, State Troopers, corrections officers, snowplow drivers, and other public employees who provide valuable service to all of Colorado. PERA is a vital and stable contributor to Colorado's economy, distributing more than $4.5 billion to retirees ...15.05 Definitions. A DRO for the PERA defined benefit plan, the PERA defined contribution plan, the PERA 401(k) Plan, or the PERA 457 Plan shall consist of: (1) The written agreement for a DRO pursuant to C.R.S. §14‐10‐113(6) (hereinafter "agreement") and (2) The domestic relations order (hereinafter "order").Ashley Smith. Ashley M. Smith was first appointed to the PERA board in 2021, and began her second appointment in February, 2024. She is the Director of Corporate Strategy and Development at Pinnacol Assurance. Ms. Smith earned a Bachelor of Arts, Business Administration from Adams State College in 2009 and a Certificate for the Executive Data ...Once you’ve purchased years with PERA, your defined benefit is guaranteed by the state of Colorado. Built into your cost to purchase service credit are a variety of factors, including demographic factors like life expectancy, economic factors like employment and wage growth, and market factors like investment returns.Most employers complete their PERA reporting tasks with our secure internet system called the Employer Reporting and Information System (ERIS). This free service gives you an effective way to enroll members, send salary and contribution data, update members' employment data, and maintain contact information about your agency.Colorado PERA is an Equal Opportunity Employer. Who We Are. PERA’s culture is based on a collaborative, integrated business approach that delivers quality customer service to our affiliated employers, membership, elected officials, and citizens of Colorado. We are a voice in the public pension industry on a local, regional, and national level.Colorado PERA officials place blame on the Colorado General Assembly for creating the latest PERA financial downturn: "Other notable factors (for the downturn in PERA's fiscal position) include employers not contributing the actuarially determined contribution rates, the sale of purchased service credit at rates below actuarial costs, and ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...your Colorado PERA Defined Benefit (DB) or Defined Contribution (DC) Plan will contribute to that amount, you may want additional savings. That's where the PERAPlus 401(k) Plan comes into play. A voluntary retirement savings program offered through PERA, the PERAPlus 401(k) Plan can help you create your plan for the future. Enroll Today!PERA was established by the Colorado General Assembly in 1931 and is a substitute for Social Security for most of these public employees. Visit PERA's website for more information. Photos. The Penn Center. Colorado PERA logo. Also at this address. Butcher & Widlund. Suite 900. Cheating Spouse Investigations.Oversees PERA's benefit programs and has no fewer than six Board members. Compensation and Budget Committee Submits a budget that implements the organization's policies and priorities, recommends changes to the Total Compensation Philosophy statement, recommends compensation levels for the Executive Director, and sets the education budget ...Scott Smith. Scott Smith, elected to the PERA Board of Trustees in 2022, is Chief Financial and Operating Officer for Cherry Creek School District 5. He began his career in public service at Denver Public Schools. He is currently past president of CASE Department of Business Officials and a Board member of the Colorado School Finance Project.Financials at a Glance. PERA retirement benefit payments represent a steady stream of income in every county in Colorado, and provide stability to state, regional, and local economies. In 2022, PERA paid $5.2 billion in pension benefits, and, of that, $4.5 billion was paid to 112,509 PERA retirees living in Colorado.Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Effective July 1, 2004, PERA employers contribute 1.02% of salary to the Health Care Trust Fund. Under Senate Bill (SB) 18-200, member and employer contributions will automatically adjust beginning July 1, 2020, to ensure that PERA is able to pay off its unfunded liability. Both member and employer contribution rates can each increase (or ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...This form provides information to Colorado PERA in order to set up your PERA Defined Benefit (DB) Plan account if you are a new ... Colorado Public Employees' Retirement Association PO Box 5800, Denver, Colorado 80217-5800 1-800-759-PERA (7372) • Fax: 303-863-3727 • www.copera.org Member SSN Named BeneficiaryLike many investors, Colorado PERA experienced a negative return on its investment portfolio in 2022. The total fund ended the year with a return of -13.4% net of fees, compared to the benchmark 's -13.7% return.. While the markets may go up or down in a given year, PERA's portfolio is designed to generate value over the course of several decades.Colorado PERA was established in 1931. Colorado PERA administers cost-sharing multiple-employer defined benefit plans for the State Division Trust Fund, School Division Trust Fund, Local Government Division Trust Fund, and Judicial Division Trust Fund, and a single-employer defined benefit plan for the Denver Public Schools Trust Fund (Division ...Use this table if you began PERA membership on or before June 30, 2005, had five years of service credit on January 1, 2011, and were eligible to receive a benefit on January 1, 2011. The shaded areas indicate reduced retirement percentages. For 35+ years, add 2.5% to 87.5 for each year over 35 up to 100%. Final calculations are made to the exactThe following information for plan year 2022 is now available for reference on PERA's Secure Transfer And Reporting System (STARS) to assist Colorado PERA-affiliated employers with their reporting of GASB Statement 68 and Statement 75: An nual Comprehensive Financial Report (ACFR) for the year ended December 31, 2022 …Our Approach. Colorado PERA's overall approach to investment stewardship is straightforward: Seek out quality investments that are expected to provide the best risk-adjusted returns to PERA's portfolio over the long term. We break down this approach to financial sustainability into four parts. PROTECT Protect members' interests by watching costs.Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...If you're wondering how a change in employment or another big life change might affect your PERA account, know that we are here to help. Start by exploring the resources below for more details. If you need assistance at any point, let us know. To report the death of a PERA member or retiree, contact us at 800-759-7372.Liked by Stephen Komon. Senior Portfolio Manager charged with structuring portfolios to capture alpha and control risk while fostering lasting client relationships. Experienced Financial Executive ...If you wish to use any of the copyrighted material other than as expressly provided in the first paragraph above, please contact PERA's Communications Division at 1301 Pennsylvania Street, Denver, CO 80203-5011 or [email protected]. PERA reserves the right to deny any such request in its sole discretion. Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses. Details. The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details Divestment. PERA occasionally faces calls from outside groups to divest — or sell — certain investments. Because PERA serves the singular purpose of ensuring the retirement security of Colorado's current and former public servants, the PERA Board of Trustees generally opposes such efforts. At its January 2019 meeting, the PERA Board ...The Office of the State Auditor engaged CliftonLarsonAllen LLP (CLA) to conduct a financial and compliance audit of the Public Employees' Retirement Association of Colorado (Colorado PERA) for the year ended December 31, 2022. CLA performed this audit in accordance with auditing standards generally accepted in the United States of America and ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...If you wish to use any of the copyrighted material other than as expressly provided in the first paragraph above, please contact PERA's Communications Division at 1301 Pennsylvania Street, Denver, CO 80203-5011 or [email protected]. PERA reserves the right to deny any such request in its sole discretion.The 2% increase in the member contribution rate for members in the local government division of the public employees' retirement association that was enacted during the 2018 legislative session is eliminated. (Note: This summary applies to this bill as enacted.) ... Please replace @state.co.us with @coleg.gov for Colorado legislature email ...Use the chart below to determine which table applies to you. The shaded areas on the tables indicate reduced retirement percentages. The percentages in the shaded areas on the PERA 2, PERA 4, PERA 6, PERA 7, PERA 8, PERA 9, DPS 3, DPS 4, Safety Officers 2, and Safety Officers 3 tables ensure that, as of your effective date of retirement, your ...Chief Benefits Officer at Colorado PERA · Experienced operations professional with a demonstrated track record in management, member services, communications, and government relations ...Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses. Details. The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. DetailsColorado PERA, Denver, Colorado. 12,875 likes · 13 talking about this · 60 were here. Official Facebook page of Colorado PERA. PERA provides retirement benefits to 670k+ public employees.Colorado's public worker pension plan lost more than $18 million last week through its stake in Silicon Valley Bank. The state's Public Employees' Retirement Association, the pension plan for ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Need to find a different location? Location of This Business. 1301 Pennsylvania Street, Denver, CO 80203. BBB File Opened: 5/19/2008. Years in Business: 92. Business Started: 8/1/1931.The Colorado PERA Board of Trustees voted unanimously Monday to terminate the employment of Executive Director Ron Baker, according to a news release. Baker's termination comes after an almost two-month leave of absence, according to the release. PERA did not say why Baker was on a leave of absence or why he is being terminated.ESG: Making Sense of Alphabet Soup. ESG is a widely used, and often misunderstood, term for labeling non-traditional aspects of a business that may have a financial impact on a company and its investors. 4208.If you're a year away from retiring, you can request a benefit estimate by calling the Customer Service Center at 800-759-PERA (7372). We recommend you submit your PERA Retirement Application 60-90 days before your retirement date.However, you are able to submit your paperwork as late as the day before your retirement date and still retire, but your first retirement check will likely be delayed.December 1, 2021 at 2:53 p.m. Colorado's legislature made a $225 million annual promise to itself as well as the 630,000 members of the state pension fund and now, having broken that promise in ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ... AMBA is proud to announce the upcoming series of educational seminars for retired school and public employees in Colorado. CSPERA partnered with AMBA as the exclusive association benefits providers for members. These short webinars provide valuable resources and information about important topics like Long Term Care, Medicare, Medical ... Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. You may request a duplicate 1099-R by calling PERA's Customer Service Center at 800-759-7372. Duplicates are printed overnight and mailed daily from February 1 through April 15. You may also view and print your past 1099-R forms by logging in to your account. Duplicates are available for the current tax year and the previous five years.Mar 24, 2021 · Together, PERA sponsors three defined contribution plans which hold assets in excess of $5 billion for some 95,000 Colorado public employees. PERA offers both defined benefit (pension) and defined contribution plans to its members. Some PERA members have the option to choose a defined contribution plan instead of the defined benefit plan. Rights, benefits, and obligations regarding PERA are governed by Title 24, Article 51 of Colorado Revised Statutes, and the Rules of the Colorado Public Employees' Retirement Association, which take precedence over any information on this Site.PERA's Secure Sign In. Legal Notices. 1301 Pennsylvania Street. Denver, CO 80203. Monday - Friday 7:30 am - 4:30 pm. 1-800-759-7372.All DPS employees and most of Colorado's other public employees contribute to the Colorado PERA retirement program rather than social security. The PERA retirement plan offers a sound foundation for retirement income, but there is more that you can do to ensure your desired retirement lifestyle. Saving for retirement starts now, and DPS has many opportunities for you to invest in your future!FAQ: Colorado PERA and Social Security. In late April, new legislation was introduced in the U.S. Senate that proposes to change how the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) are applied to those who, like many PERA members, spend a majority of their work life in employment outside of the Social Security ...ESG: Making Sense of Alphabet Soup. ESG is a widely used, and often misunderstood, term for labeling non-traditional aspects of a business that may have a financial impact on a company and its investors. 4208.Colorado PERA officials place blame on the Colorado General Assembly for creating the latest PERA financial downturn: "Other notable factors (for the downturn in PERA's fiscal position) include employers not contributing the actuarially determined contribution rates, the sale of purchased service credit at rates below actuarial costs, and ...Welcome PERA Members. Whether you're new to PERA, in the middle of your career, or preparing for retirement, we want to ensure that you are set up for success when you …Private Equity Portfolio Manager at Colorado PERA · Experience: Colorado PERA · Education: University of Notre Dame · Location: Denver · 500+ connections on LinkedIn. View Ryan Murphy, CFA ...Colorado legislature email addresses ending in @state.co.us are no longer active.Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses. Details The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified.This form provides information to Colorado PERA in order to set up your PERA Defined Benefit (DB) Plan account if you are a new ... Colorado Public Employees' Retirement Association PO Box 5800, Denver, Colorado 80217-5800 1-800-759-PERA (7372) • Fax: 303-863-3727 • www.copera.org Member SSN Named BeneficiaryPERA is a constant focus for the legislature because pension benefits are considered one of the biggest perks of being a government employee in Colorado. Baker was appointed to be PERA’s executive director in 2018. He has worked at the organization since 1994 and was chief administrative officer before taking on the top job.Private Equity Portfolio Manager at Colorado PERA · Experience: Colorado PERA · Education: University of Notre Dame · Location: Denver · 500+ connections on LinkedIn. View Ryan Murphy, CFA ...Concerning public employees' retirement association employment after retirement limitations. Session: 2022 Regular Session. ... Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses.Colorado PERA provides retirement and other benefits to nearly 650,000 current and former teachers, State Troopers, corrections officers, snowplow drivers, and other public employees who provide valuable service to all of Colorado. PERA is a vital and stable contributor to Colorado's economy, distributing more than $4.3 billion in 2021 to ...1134. colorado pera jobs. Psychologist. Colorado Department of Human Services —Pueblo, CO3.1. BenefitHub state employee discount program. Provide evaluation, direct treatment, behavioral planning and support to unit treatment programming, either while…. $82,572 - $115,596 a year.The bill allows an employer to hire such service retirees when the employer determines there is a need. In addition, the bill authorizes an employer in the school or Denver public schools division with a student enrollment above 10,000 to hire, without a reduction in service retirees' benefits, an additional service retiree for each 1,000 ...The state legislature established the Colorado Public Employees' Retirement Association (PERA) in 1931 to provide a pension benefit to state and local government employees, predating the federal Social Security Act of 1935 by four years. PERA is administered under Article 51 of Title 24 of the Colorado Revised Statutes.New. Colorado Department of Human Services 3.1. Hybrid work in Pueblo, CO 81003. $56,028 - $72,840 a year. Full-time + 1. Monday to Friday. Strong, secure, yet flexible retirement benefits including a PERA Defined Benefit Plan or PERA Defined Contribution Plan www.copera.org plus 401 (k) and 457…. Posted 4 days ago.Health care may be one of your biggest concerns in retirement. If you are retired, or about to retire, you may want to check out a 45-minute PERACare Information Webinar that explains the retiree health care, dental and vision plan insurance options offered through PERA. Retiree health plans are offered for people under 65 and for people over 65 and on Medicare, so please choose a webinar ...No, your PERA is not considered an IRA contribution. The employer put the the amount if box 14 just for reconciliation purposes but it is not a deduction that you can take separately on your tax return as an IRA contribution. Please do not enter the amount from box 14 as a separate entry in Deductions & Credits section, IRA contributions.Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...The state legislature established the Colorado Public Employees' Retirement Association (PERA) in 1931 to provide a pension benefit to state and local government employees, predating the federal Social Security Act of 1935 by four years. PERA is administered under Article 51 of Title 24 of the Colorado Revised Statutes.
Colorado PERA is a nonprofit investment management company that provides retirement benefits to over 600,000 current and former public employees in Colorado. Follow its LinkedIn page to see updates, job opportunities, and insights on its work and culture.. Free internet calls
This fact sheet provides general information about preparing for PERA retirement. PERA membership rights, benefits, and obligations are governed by Title . 24, Article 51 of the Colorado Revised Statutes, and the Rules of the Colorado Public Employees' Retirement Association, which take precedence over any . interpretations in this fact sheet.Health care may be one of your biggest concerns in retirement. If you are retired, or about to retire, you may want to check out a 45-minute PERACare Information Webinar that explains the retiree health care, dental and vision plan insurance options offered through PERA. Retiree health plans are offered for people under 65 and for people over 65 and on Medicare, so please choose a webinar ...That's why Colorado PERA offers a supplemental life insurance program administered by Unum. Unum's decreasing term life insurance policy can supplement the coverage you may already have through your employer. Perks of the Unum Policy. Premiums start as low as $7.75 per month, and can be deducted from your paycheck by your employer. ...Program Application to PERA within 90 days after you terminate employment. Applications received after that deadline cannot be accepted. To apply for PERA's disability program, you may log in to your PERA account on copera.org and complete the forms online or complete the forms on pages 13 and 14 of this booklet and mail them to PERA.Colorado PERA is fully committed to providing accessible facilities, elements and channels of communication to all members of the public. As part of this commitment, Colorado PERA has a policy of providing an accessible website compatible with the Web Content Accessibility Guidelines (WCAG 2.1) and commercial screen reading software. ...Ron Baker, the executive director of Colorado's Public Employees' Retirement Association, was fired Monday night by the 16-member board overseeing the state's $60 billion-plus public pension system. ... There are about 150,000 people who receive PERA benefits in Colorado and more than 200,000 people actively contributing to the pension ...Rights, benefits, and obligations regarding PERA are governed by Title 24, Article 51 of Colorado Revised Statutes, and the Rules of the Colorado Public Employees' Retirement Association, which take precedence over any information on this Site.This fact sheet contains brief information about PERA and Social Security. Your rights, benefits, and obligations as a PERA member are governed by Title 24, Article 51, of the Colorado Revised Statutes, and the Rules of the Colorado Public Employees' Retirement Association, which take precedence over any interpretations in this fact sheet.Colorado PERA provides retirement and other benefits to nearly 650,000 current and former teachers, State Troopers, corrections officers, snowplow drivers, and other public employees who provide valuable service to all of Colorado. PERA is a vital and stable contributor to Colorado's economy, distributing more than $4.3 billion in 2021 to ...2023 Regular Session. Subject: State Government. Bill Summary. To recompense the public employees' retirement association (PERA) for the cancellation of a previously scheduled July 1, 2020, direct distribution of $225 million, House Bill 22-1029, concerning a requirement that the state make an additional direct distribution to the public ...To make matters worse, the Colorado Public Employees’ Retirement Association, or PERA, is facing what’s shaping up to be its worst year since the depths of the Great Recession. As of last week, the pension’s publicly traded holdings, which make up the bulk of its investment portfolio, were down 8% on the year, according to Amy ….