The 2025 legislative session commenced January 8 and will continue for up to 120 days.
Below you’ll find summaries of proposed legislation affecting Colorado PERA. The status of each bill will be updated regularly.
Last updated: February 4, 2025
SB25-028
Public Employees’ Retirement Association Risk-Reduction Measures
Summary: Codifies into state law certain reporting practices the PERA Board already performs on a regular basis and modifies the cadence of those reports, including actuarial experience studies and independent reviews of actuarial audits.
Sponsors: Rep. Eliza Hamrick, Rep. Rick Taggart, Sen. Chris Kolker
Status: Introduced Jan. 8, scheduled for hearing in Senate Finance Committee Feb. 11.
HB25-1052
Income Tax Credit for Public Employees’ Retirement Association Retirees
Summary: Creates a temporary refundable tax credit of $700 for qualifying PERA retirees. To qualify, a retiree would have to be 65 or older at the end of tax year 2025 or 2026, and have annual gross income of no more than $38,000 for single tax filers or $76,000 for joint filers.
Sponsors: Rep. Eliza Hamrick, Rep. Rick Taggart, Sen. Chris Kolker
Status: House Finance Committee voted to postpone indefinitely Jan. 27.
HB25-1105
PERA True-Up of Denver Public Schools Division Employer Contribution
Summary: Would reduce the total employer contribution rate for the Denver Public Schools Division from 10.4% to 7.4% of salary beginning July 1, 2025.
Sponsors: Rep. Sean Camacho
Status: Introduced Jan. 27; assigned to House Finance Committee.
HB25-1150
Forfeiture of PERA Benefits by Sex Offenders
Summary: Requires a PERA member to forfeit part of their retirement benefits should that individual be convicted of a sex crime. It would also establish a new fund into which forfeited benefits would be transferred and these monies would be used to provide grants to survivors of a sex crime for necessary medical and mental health resources.
Sponsors: Rep. Ron Weinberg
Status: Introduced Jan. 29; assigned to House Finance Committee.