Risk
Global Equities Crushed Colorado PERA in 2018
Poor returns were expected, but it sets new funding legislation in motion next week.
Poor returns were expected, but it sets new funding legislation in motion next week.
Strong returns and new legislation help raise funded status to 61% from 58%.
State will contribute $225 million extra annually, and both employer and employee contributions rise.
A number of differences in the House and Senate versions of a new bill calls for debate.
Four-plus hour debate leaves Democratic, Republican leaders equally dissatisfied with reform.
If adopted, PERA could become 100% funded within 30 years.