2025 Proposed PERA-Related Legislation Status

Empty chairs in the Colorado House of Representatives.

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.