In 2010, PERA was one of the first public retirement plans in the country to initiate responsible reforms based upon an approach of shared sacrifice to ensure PERA’s long-term sustainability. Former Senate Minority Leader Josh Penry called Senate Bill 1 “a leadership moment” where the Colorado General Assembly, in a bipartisan fashion, enacted this legislation to protect PERA’s financial stability for past, current, and future public workers.
A few key legislators reflect on this landmark legislation five years after its enactment. Watch video.
