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Legislative Year: 2019 Change
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Bill Detail: HB19-1217

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Title PERA Public Employees' Retirement Association Local Government Division Member Contribution Rate
Status Governor Signed (05/20/2019)
Bill Subjects
  • Local Government
  • State Government
House Sponsors K. Becker (D)
Senate Sponsors L. Court (D)
J. Tate (R)
House Committee Finance
Senate Committee Finance
Date Introduced 03/04/2019
Description

During the 2018 legislative session, the general assembly enacted
Senate Bill 18-200, which made modifications to the public employees'
retirement association (PERA) hybrid defined benefit plan to eliminate

the unfunded liability of the plan within the next 30 years. Senate Bill
18-200 included a 2% increase in the member contribution rate to PERA
for employees in all divisions of PERA. The increase is phased in over 3
years with the first increase occurring on July 1, 2019.
The bill eliminates the 2% increase in the member contribution
rate for members in the local government division of PERA.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (04/01/2019) (most recent)  
Additional Bill Documents Bill Documents
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