Home » Posts tagged with » Public Employees Retirement Association
PERA outcome likely best for Springs

PERA outcome likely best for Springs

One of the hoariest tenets of economic development has to do with “primary” jobs. Such jobs are prized because they bring new revenue into a regional economy, spurring local demand for goods and services. Increased demand encourages non-primary employers to add workers and expand their facilities, thereby creating more secondary jobs. Colorado Springs boomed in… Continue Reading PERA outcome likely best for Springs

PERA, city pension trial set for October

Comments Off

A five-day trial pitting Colorado Springs against the Public Employees Retirement Association will start Oct. 28. At risk is $185 million from the lease proceeds of Memorial Hospital to University of Colorado Health. The money could be used to jump start a new foundation that will distribute grant money once it is up and running… Continue Reading PERA, city pension trial set for October

Continue reading …

It’s time for round two in the legal battle between the city of Colorado Springs and the Public Employees Retirement Association. The city filed a suit two weeks ago, asserting that it doesn’t owe PERA for additional retirement benefits for employees of Memorial Health System once the University of Colorado Health takes over the hospital.… Continue Reading PERA files suit against city, UCH in retirement benefits battle

Continue reading …