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SB10-001: PERA Changes Approved By Colo. House

Radical changes to the pension fund for public employees were approved by the House on Tuesday, clearing the final hurdle in the Legislature, The Pueblo Chieftain reports. Crafted through bipartisan compromise between Senate President Brandon Shaffer, D-Longmont, and Senate Minority Leader Josh Penry, R-Grand Junction, SB1 is considered less than ideal by Democrats, Republicans and, most of all, the 450,000 working and retired government employees enrolled in the Public Employees Retirement Association.

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