Tag: Pension Reform

By Brian Eason | The Colorado Sun The proposal comes in response to a Colorado Sun investigation that found PERA has paid its investment staff millions of dollars in performance bonuses in recent years. Democratic lawmaker says he plans to introduce legislation next year to limit the bonuses that the Colorado Public Employees’ Retirement Association pays to its investment staff. The proposal comes in response to The Colorado Sun’s investigation last week that found PERA has paid its investment staff millions of dollars in performance bonuses in recent years — including $10.2 million in payouts following the stock market’s disastrous 2022. That year, the pension lost $9.8 billion on its portfolio, but PERA still beat many of the benchmarks used to measure it...