SB 22-214

Senate Bill 22-214 requires the state treasurer to transfer $198,470,883 from Colorado’s general fund to the Public Employees’ Retirement Association (PERA) payment cash fund on July 1, 2022. This transfer is intended to support PERA's financial obligations. The bill has been signed into law and does not require further action in the legislature. It directly impacts state finances and retirement benefits for public employees.

Official Summary

On July 1, 2022, the state treasurer is required to transfer $198,470,883 from the general fund to the PERA payment cash fund. (Note: This summary applies to this bill as enacted.)

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