Topics - May 2024 - Colorado PERA

Topics - May 2024

A banner with happy professionals around a laptop, text "TOPICS for employers of Colorado PERA MAY 2024."

Learn about life insurance open enrollment, important changes to the critical shortage and 140-day designations for working retirees, accrued leave payout, and more.

Voluntary Life Insurance Open Enrollment: Ends May 31

The best time to plan for an emergency is before tragedy hits. That's why it's important to make sure your employees know they have an additional life…

Important Changes to the Critical Shortage and 140-day Designations for Working Retirees

SB 24-099 and HB 24-1044 were signed into law by Governor Polis in April 2024. Both bills made changes to working retiree designations (for retirees…

Accrued Leave Payouts and PERA-Includable Salary

Payouts of accrued leave are generally considered PERA-includable salary and are beneficial to employees because they can be used in the calculation…

Reminder: Changes to the Life Insurance Deduction Feedback File

Colorado PERA offers an optional decreasing-term life insurance program administered by Unum. Once enrolled, premiums for active PERA members are…

Reminder: No Automatic Adjustment Contribution Rate Change in July 2024

As referenced in the 2022 Annual Comprehensive Financial Report (ACFR), Colorado PERA is on schedule to meet its 30-year full funding goal.

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