PERA’s investments generated billions in 2020. But the Colorado pension’s financial condition worsened.
Banner stock market generated 17.4% returns on PERA’s investments. But it wasn’t enough to cover $3.1 billion in new costs the pension expects following a demographic study.
A confession: I’m tracking my pandemic days. You can count on it.
Colorado authors, thinkers and readers share their thoughts on living through historic times as the state fights the progress of coronavirus
More than 40% of Coloradans don’t have a retirement plan at work. The state seeks to change that.
The state-facilitated plan aims to better prepare adults for retirement plus offset future costs to care for an aging population. But extra steps have some employers decrying yet another mandate on business.
As Coloradans grow older, there’s a push for policies that benefit all ages
“Creating opportunities for 20-year-olds will help them when they’re 60,” said Elizabeth Garner, the state's demographer