Colorado House passes PERA overhaul, sending it to a conference committee

[TexasTowelie]

The Colorado House of Representatives has passed a bill that makes deep cuts to retiree benefits in order to shore up the public pension.

Unlike a version that passed the Republican-led state Senate, the Democratic measure spares employees from higher contributions.

Senate Bill 200 now heads to conference committee where the chambers will hash out significant differences.

The House version requires the state to chip in $225 million annually to the pension. The Senate version shifts those costs to public sector workers.

Read more: https://www.denverpost.com/2018/05/01/senate-bill-200-colorado-passes/

[MichMan]

1. No mention at all about what the deep cuts to pensions are going to be