Seeking Candidates for 2018 Board Election
The Board of Trustees of Colorado PERA is a group of 16 professionals who are responsible for overseeing PERA’s investment program and the administration of PERA’s benefits. (However, the Colorado General Assembly, with the approval of the Governor, has responsibility for changing PERA benefits or contributions.) All Trustees serve as fiduciaries and as such must act in the best interest of all members and retirees.
State law describes the responsibilities of the Board and the process for Trustees to be selected.
Twelve Trustees are elected by PERA members and retirees, three Trustees are appointed by the Governor and confirmed by the State Senate, and the State Treasurer serves as an ex officio Trustee. The Board of Trustees meets at least five times per year and is responsible for adopting the rules and policies for the administration of PERA. Elected Board members serve without pay, but are reimbursed for necessary expenses.
In May 2018, Colorado PERA will hold an election for the following seats on the Board of Trustees:
- One School Division position
- One State Division position (must work for a higher education employer)
- One Local Government position
Candidacy packets may be obtained January 2, 2018, through February 28, 2018, by sending an email to firstname.lastname@example.org or by writing to:
Internal Audit Division
1301 Pennsylvania Street
Denver, CO 80203-5011
To be placed on the ballot, a candidate must fulfill the requirements explained in the candidacy packet. Requests for candidacy packets should include the candidate’s name, PERA Division of membership, mailing address, email address, and daytime telephone number. Candidates will be subject to a background check. State Division members must also indicate whether they are a participant in the PERA Defined Benefit or Defined Contribution Plan and for which higher education employer they work.
Details on current Trustees may be viewed here.