Tag: Pera
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PERA to Pinnacol: $302 million, please
The Public Employees’ Retirement Association has come up with a number for Pinnacol Assurance, the state’s largest workers’ compensation insurer of last resort, to buy out its employees and retirees’ share of PERA’s pension. Pinnacol, with the support of Gov. Jared Polis, is hoping to privatize, a deal that would bring $400 million into state…
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EDITORIAL: Debt clouds Colorado’s horizon
Colorado must balance its budget every year by law. It’s one of those fiscal protections for most states that most Americans would like to see imposed on Congress at the federal level, where the national debt has exploded past $38 trillion. Imagine a federal Taxpayer’s Bill of Rights, with real spending caps and voter approval…
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Metro Moves: REI Co-op will open 10th Colorado store in Loveland this summer
Welcome to the Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion news here. To submit your company’s news, drop an email to bernadette.berdychowski@denvergazette.com. REI-Co-op’s Colorado expansions Outdoor recreation retailer REI Co-op now has two new stores in the works for Colorado. The first REI store will open in…
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Colorado is ‘well positioned’ for a US debt default, says state Treasurer Dave Young
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With eight days to go until the United States is unable to pay its bills, the White House and Congress are still nowhere near an agreement on raising the national debt ceiling. The U.S. reached its $31.4 trillion debt ceiling — the limit on how much the government can borrow — in January. Treasury Secretary…
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Colorado Public Employees’ Retirement Association terminates director
The Public Employees’ Retirement Association (PERA) announced the termination of its executive director Tuesday. The Colorado PERA Board of Trustees voted unanimously Monday to terminate the employment of Executive Director Ron Baker, according to a news release. Baker’s termination comes after an almost two-month leave of absence, according to the release. PERA did not say…