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Note: This post is specifically for members of Colorado PERA. If you are in a different pension system, you may have a similar option, but every pension system is different. Each pension has unique "return to work" requirements, so make sure you understand those before considering returning to a work for an employer that is … Continue reading Should I Do a Transition Year?
Every four years Colorado PERA does an Experience Study. This is a process where their Actuarial Consultant takes a look at the assumptions inherent in the calculation of PERA's funded status in light of current economic and demographic assumptions as well as the actual experience in PERA's plan over the last four years. Based on … Continue reading Colorado PERA: Automatic Adjustment Provision Trigger Coming Soon?
Just a little over 3 years ago I wrote a post encouraging folks to purchase service credit in their pension system if they were eligible and could afford to do it. While the entire post is worth reading for the full context, I wanted to pull out this quote, The second reason I think purchasing … Continue reading Time to Buy! Buy! Buy! (Service Credit, 2025 Edition)
Each year I'm sharing what our current portfolio looks like. This is what it looks like as of January 1, 2025. (Here is April 2022 and January 2024). Asset Location Like many people, by necessity we have our investments in multiple places due to past employers, HSAs, and different types of taxable accounts. Taxable Investments: … Continue reading Our Current Portfolio and Recent Returns
I’ve decided to run for the open retiree seat for the Colorado PERA Board of Trustees (Julie Friedemann, the current Board member for that seat, has decided not to run for reelection). I’ve spent my entire adult life in K-12 education and believe strongly in public service. This is an opportunity for me to “give … Continue reading Running for PERA Board of Trustees: Signatures Needed
Colorado PERA offers a fantastic 401k and 457b plan to all PERA-affiliated employers, which includes all public school employees. These plans are almost always better than the 403bs or 457bs offered through their school districts by other vendors (see Littleton Public Schools, Cherry Creek, Denver, Douglas County, and Aurora as examples). At Friday's Board Meeting, … Continue reading Colorado PERA Lowers Fees for 401k and 457b Plans
Fisch Financial 