House Tentatively Oks Bill to Shore Up Pension Fund

Gazette, The; Colorado Springs, Colo. (May 05, 2006)

Author: Kyle Henley The Gazette
Permanent Link: http://vlex.com/vid/tentatively-oks-bill-shore-pension-64730343
Id. vLex: VLEX-64730343

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Summary:

DENVER - Lawmakers are moving closer to a deal that would put the state's ailing public pension fund on better financial footing.

The House on Thursday gave tentative approval to Senate Bill 235, which seeks to fix an $11.5 billion shortfall in Colorado's Public Employees Retirement Association pension.

Extract:

House Tentatively Oks Bill to Shore Up Pension Fund

SB235 changes the minimum retirement age from 50 to 55 and requires public employees to put more o...



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