Colorado HB1400 adjusts the Public Employees' Retirement Association's allocations to trust funds, effective July 1, 2026.

Colorado HB1400 modifies the Public Employees' Retirement Association's (PERA) allocation of funds to its trust funds. Beginning July 1, 2026, PERA must allocate funds on an actuarial basis to maximize the blended total contribution amount, aiming to minimize adjustments required by law. The bill also reduces the employer contribution allocated to the health care trust fund from 1.02% to 0.52% of member salaries. Effective July 1, 2030, PERA will no longer allocate funds to the local government division.

Colorado HB1400 adjusts the Public Employees' Retirement Association's allocations to trust funds, effective July 1, 2026.

Colorado HB1400 modifies the Public Employees' Retirement Association's (PERA) allocation of funds to its trust funds. Beginning July 1, 2026, PERA must allocate funds on an actuarial basis to maximize the blended total contribution amount, aiming to minimize adjustments required by law. The bill also reduces the employer contribution allocated to the health care trust fund from 1.02% to 0.52% of member salaries. Effective July 1, 2030, PERA will no longer allocate funds to the local government division.