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PERA, city pension trial set for October

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

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

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