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House Finance Committee sends PERA transparency bill to appropriations unanimously
Summary
Senate Bill 147, which adds the Public Employees' Retirement Association (PERA) board to Colorado open‑meeting law, sets term limits and requires certain financial disclosures, was advanced unanimously by the House Finance Committee after PERA expressed support and said most requirements codify existing practices.
The House Finance Committee voted unanimously to advance Senate Bill 147, a transparency and governance package for the Colorado Public Employees' Retirement Association (PERA) that sponsors said will make PERA's decisions and materials more accessible to members and retirees.
The core changes: The bill designates the PERA board as a "local public body" for purposes of Colorado's open meetings law, requires agendas and meeting materials to be posted online, establishes term limits for board members, and requires annual posting of certain administrative and financial…
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