Senate Bill 10-1 was enacted with bipartisan support to ensure the long-term sustainability of the PERA system. Stop the attacks on PERA and let SB10-1 have a chance to work.
Why is this important?
PERA has been around for 80 years and is successful and sustainable but is coming under attack by Right-wing Ideologues. PERA is only 2% of the Total State Budget, most coming from employees. I worked thirty one years with 8% coming out of my paycheck for my retirement. Now legislators want to take a huge economic stabilizer in our Colorado counties away and send money away to mutual fund managers in New York, San Francisco, etc.costing the state more.
