Skip to main content
  1. Life
  2. Education & Schools
  3. Education Policies

Tough prospects for retired teachers

If you're a retired Colorado teacher or school employee, and there are about 45,000 of you, there unfortunately may be some belt tightening in your future.

The legislature this week finished work on Senate Bill 1, a big overhaul of the Public Employees' Retirement Association pension system. Gov. Bill Ritter is expected to sign the bill into law before the end of the month.

The measure is designed to bring the system, whose investments were heavily battered by the recession, back to financial solvency over the next 30 years.

The plan will make lots of changes to PERA, but the biggest is a reduction in the annual benefit increase that retirees receive. It's currently 3.5 percent a year, but it will be cut to 0 for the next year and then be set at 2 percent.

Get the details in this Education News Colorado story.




  • Derek Hough
    Derek Hough brings quadruple threat talent to 'DWTS' and beyond
    Today's Buzz
  • Hookah smoking
    Young adults believe hookah smoking pose no health threat
    7 Photos
  • Top outdoor activities
    Don't spend your summer indoors: Top outdoor activities to do with your significant other
    10 Photos
  • Baby shower idea for men
    A new twist on baby showers is throwing a Daddy Baby-Q
    7 Photos
  • Wedding special
    'Curvy Brides' offers a new look into every bride's pursuit for her picture perfect wedding gown
    7 Photos
  • Morbid obesity
    Health: Morbid obesity decreases life span by up to 16 years
    7 Photos