PERA bounced back in 2009
The investments of the Public Employees’ Retirement Association rebounded in 2009, rising 17.4 percent in value after a plunge of 26 percent in 2008.
The investments of the Public Employees’ Retirement Association rebounded in 2009, rising 17.4 percent in value after a plunge of 26 percent in 2008.
The Public Employees’ Retirement Association has filed its first formal response to the lawsuit challenging this year’s pension reform law, asking a Denver judge to dismiss six of the plaintiffs’ eight claims.
A lawsuit seeking to overturn the Public Employees Retirement Association solvency plan was filed against the state Friday, just three days after the bill was signed.
A bill that would have allowed lower-income families to receive $1,000 annual tax credits for children enrolled in private schools was killed Tuesday by the House Finance Committee.
The House has voted 36-29 to pass Senate Bill 10-001, the plan to restore the Public Employees’ Retirement Association to solvency over the next 30 years.
The House passed the PERA rescue plan Friday, and House Speaker Terrance Carroll introduced three bills intended to improve charter school quality.
The Senate Wednesday gave final approval to nine bills that are supposed to raise about $148 million in revenue for the battered state treasury.
The Senate Monday morning voted 25-10 to pass Senate Bill 10-001, the measure intended to restore PERA to solvency over the next 30 years.
The proposed Public Employees’ Retirement Association rescue plan passed the Senate Finance Committee 5-2 Tuesday after members approved key changes supported by education interests.
In addition to K-12 budget cuts and pensions, top education issues are expected to include charter school regulation, testing, how to slice the shrinking higher ed financial pie and improved alignment between community and four-year colleges.