HB 22-1087
signedSpecial District Director Retirement Benefits
Plain-English Summary
AI-generatedHouse Bill 22-1087, which has been signed into law, changes the retirement benefits for special district directors in Colorado. Starting July 1, 2022, new directors will no longer be eligible to join PERA (Public Employees' Retirement Association) because of their role as a director. This affects any new special district directors appointed or elected after this date but does not impact existing directors who were already part of PERA before the change. Since it is signed into law, this bill has become official and will be enforced starting from its specified effective date.
Official Summary
The act excludes a special district director (director) who begins service as a director on or after July 1, 2022, from becoming eligible for membership in the public employees' retirement association (PERA) due to the director's service as a director. (Note: This summary applies to this bill as enacted.)
Details
- Chamber
- House
- First action
- 2022-03-24
- Latest action
- 2022-01-19
- Last action desc.
- Introduced In House - Assigned to Transportation & Local Government
- OpenStates
- View source ↗
Sponsors
- Tammy Story (primary) · Democratic
- Larry Liston (primary) · Republican