How Colorado PERA “Front-Loads” Service Credit in the School and DPS Divisions

I learned something new this week about how PERA calculates service credit in the School and DPS Divisions. I knew the basics (and the basics are what applies to most people). I knew: To earn a month of service credit, the member must earn at least 80 times the current federal minimum wage in the … Continue reading How Colorado PERA “Front-Loads” Service Credit in the School and DPS Divisions →

Reading, Interpreting, and Understanding PERA’s Highest Average Salary (HAS) Tables

Colorado PERA is the pension system for public employees in Colorado. Like most public pension systems, the benefits members receive have changed over time, with newer members receiving less generous pension benefits when compared to more veteran members who have an earlier membership date. Many pensions refer to these different levels of benefits as tiers, … Continue reading Reading, Interpreting, and Understanding PERA’s Highest Average Salary (HAS) Tables →