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House passes bill to adjust Denver Public Schools employer contribution to PERA, sparking fiscal questions
Summary
House Bill 11‑05, which reduces Denver Public Schools' employer contribution rates modestly and redirects some savings toward educator pay, passed the House after sponsor amendments excluding DPS from some distributions and adding carve-outs; members pressed for PERA assurances about long‑term solvency.
The Colorado House on Monday passed House Bill 11‑05, a measure adjusting the employer contribution rate associated with the Denver Public Schools (DPS) division of the Public Employees' Retirement Association (PERA). Sponsors said the change would modestly lower DPS employer contributions and direct savings toward educator pay.
Representative Camacho, the bill sponsor, told the House the bill addresses a long-standing imbalance from DPS's 2009 merger into the Association division and cited an independent actuarial…
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