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Colorado PERA benefits in peril [View All]

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Tue Jul-14-09 08:09 AM
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Colorado PERA benefits in peril

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Public employee retirement system can pay only half of obligations, report says
By Tim Hoover
The Denver Post

Following the loss of more than $10 billion last year, Colorado's largest public employee retirement system now can meet only 51.8 percent of its obligations to retirees, a development that could mean higher deductions from government workers' paychecks and greater taxpayer subsidies.

http://www.denverpost.com/ci_12830452

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