The change affected about 6,000 CU employees who are PERA members.
A bill that would have changed the way retirement benefits are calculated for new hires joining the Public Employees Retirement Association (PERA) was tabled indefinitely by the Senate Finance Committee.
A bill that would change the way retirement benefits are calculated for those who join thePERA after Jan. 1, 2013, was given preliminary approval by the Colorado State House after a lengthy and partisan debate Friday.
The 2.5 percent PERA contribution shift for University of Colorado employees will end this July.
A group of retirees has appealed the dismissal of a class-action lawsuit against the state of Colorado and the Public Employees’ Retirement Association (PERA).
A Denver District Court has dismissed a lawsuit against the Colorado Public Employees’ Retirement Association (PERA) by a group of retirees who claimed passage of Senate Bill 10-001 had violated their constitutional rights.