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Bill Detail: HB20-1394

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Title Public Employees' Retirement Association Judicial Division Contribution Rate Modification
Status Governor Signed (06/29/2020)
Bill Subjects
  • Courts & Judicial
House Sponsors K. Ransom (R)
J. McCluskie (D)
Senate Sponsors D. Moreno (D)
B. Rankin (R)
House Committee Appropriations
Senate Committee Appropriations
Date Introduced 05/26/2020
Description

Joint Budget Committee. The employer and member contribution
rates for the public employees' retirement association (PERA) are

specified in statute. For the 2020-21 and 2021-22 state fiscal years only,
the bill decreases the employer contribution rate for employers in the
judicial division of PERA by 5% and increases the member contribution
rate for employees in the judicial division of PERA by 5%. The
contribution rates will be changed as follows:
  • For the 2020-21 state fiscal year, the employer contribution
rate is decreased from 13.91% to 8.91% of salary and the
member contribution rate is increased from 9.5% to 14.5%
of salary.
  • For the 2021-22 state fiscal year, the employer contribution
rate is decreased from 13.91% to 8.91% of salary and the
member contribution rate is increased from 10% to 15% of
salary.
The bill specifies that the change in contributions does not apply
to the employer or member contributions for judges employed by the
Denver county court. The bill does not impact the employer or member
contribution rates for any of the other divisions of PERA. The bill reduces
an appropriation.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (05/27/2020) (most recent)  
Additional Bill Documents Bill Documents
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