HB 26-1146

House Bill 26-1146, which has been signed into law, allows approved facility schools to join the Public Employees' Retirement Association (PERA). This means that these schools can now apply to PERA and offer retirement benefits to their employees. The bill affects approved facility schools and their staff members by providing them with access to the same retirement benefits as other public employers in Colorado. Since the bill has been signed, it is now law and these schools can start the process of joining PERA to provide retirement benefits for their employees.

Official Summary

The act includes approved facility schools in the definition of 'employer' for purposes of the public employees' retirement association (PERA) and allows an approved facility school to apply to the PERA board to affiliate with PERA.(Note: This summary applies to this bill as enacted.)

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