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The short explanation of this alert was:

The State Legislature has passed a bill to improve PERA funding and make other changes to the PERA plan and Board. The bill was not perfect, but it preserved our guaranteed pensions, and did not cut new employee benefits. It also makes it less likely that a proposed ballot measure to privatize PERA could pass.

 

Along with Boulder County, members of the Boulder County Employee Organizing Committee/SEIU and SEIU staff worked to improve the bill by amending it to account for the fact that the local government division of PERA is in better financial shape than the other divisions.

 

An amendment to fix this problem was defeated in the State House of Representatives. This amendment would have made the bill fairer for local governments.

 

We still have time to try to resolve this issue before the additional employer contributions begin in July, 2007, as required in the bill.

 

There are two things you can do:

 

First, send an email to your representatives on the PERA Board urging them to help fix this problem.

 

A sample message has been provided below.

 

Second, send an email thanking the Boulder County state representatives who voted to fix the bill.

 

Click here to send a thank you email.

 

Thanks for your action.
Working together, we can continue to improve the PERA system for local government employees.

 

Click "Tell Me More" below for

more information on this issue.



If you would like to view details on this alert, please visit here.