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House passes bill adjusting PERA contributions for Denver Public Schools division; sponsors say savings to support educator pay
Summary
House Bill 11‑05, addressing the equalization of Denver Public Schools’ contributions to the Public Employees' Retirement Association (PERA), passed the House with amendments that exclude DPS from some provisions for a 5‑year period; sponsors said the change returns excess contributions to educators while preserving PERA solvency.
The Colorado House on April 7 passed House Bill 11‑05, a bill addressing long‑standing contribution disparities following Denver Public Schools’ 2009 merger into the Public Employees' Retirement Association (PERA).
Representative Camacho, sponsor of the bill, said Denver Public Schools had contributed substantially more than other school divisions since the 2009 merger and that an actuarial analysis shows DPS could…
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