Colorado’s public pension system needs more money to remain viable. The Public Employees Retirement Association, or PERA, is the retirement benefit for teachers and other public employees. Right now, it’s only 58 percent funded. Senate Bill 200 is starting its journey through the legislature and it will need bipartisan support if it is going to pass.
Statehouse reporter Bente Birkeland spoke with Brian Eason of the Denver Post and Ed Sealover with the Denver Business Journal about the bill, and what’s at stake.