A distant view shows a mountainous landscape with sloping peaks, green trees in the foreground, and a cloudy sky above.


<p class="wp-block-paragraph"><em>The 2025 legislative session commenced January 8 and concluded May 7.</em></p>



<p class="wp-block-paragraph"><em>Below you’ll find summaries of proposed legislation affecting Colorado PERA. The status of each bill will be updated regularly.</em></p>



<p class="wp-block-paragraph">Last updated: June 4, 2025</p>



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<h2 class="wp-block-heading"><a href="https://leg.colorado.gov/bills/sb25-028" target="_blank" rel="noreferrer noopener">SB25-028</a></h2>



<h3 class="wp-block-heading">Public Employees&#8217; Retirement Association Risk-Reduction Measures</h3>



<p class="wp-block-paragraph"><strong>Summary:</strong> Codifies into state law certain reporting practices the PERA Board already performs on a regular basis and modifies the cadence of those reports, including actuarial experience studies and independent reviews of actuarial audits.</p>



<p class="wp-block-paragraph"><strong>Sponsors:</strong> <a href="https://leg.colorado.gov/legislators/eliza-hamrick" target="_blank" rel="noreferrer noopener">Rep. Eliza Hamrick</a>, <a href="https://leg.colorado.gov/legislators/rick-taggart" target="_blank" rel="noreferrer noopener">Rep. Rick Taggart</a>, <a href="https://leg.colorado.gov/legislators/chris-kolker" target="_blank" rel="noreferrer noopener">Sen. Chris Kolker</a></p>



<p class="wp-block-paragraph"><strong>Status:</strong> Passed; Gov. Jared Polis signed into law Feb. 26.</p>



<h2 class="wp-block-heading"><a href="https://leg.colorado.gov/bills/hb25-1052" target="_blank" rel="noreferrer noopener">HB25-1052</a></h2>



<h3 class="wp-block-heading">Income Tax Credit for Public Employees&#8217; Retirement Association Retirees</h3>



<p class="wp-block-paragraph"><strong>Summary:</strong> Creates a temporary refundable tax credit of $700 for qualifying PERA retirees. To qualify, a retiree would have to be 65 or older at the end of tax year 2025 or 2026, and have annual gross income of no more than $38,000 for single tax filers or $76,000 for joint filers.</p>



<p class="wp-block-paragraph"><strong>Sponsors:</strong> <a href="https://leg.colorado.gov/legislators/eliza-hamrick" target="_blank" rel="noreferrer noopener">Rep. Eliza Hamrick</a>, <a href="https://leg.colorado.gov/legislators/rick-taggart" target="_blank" rel="noreferrer noopener">Rep. Rick Taggart</a>, <a href="https://leg.colorado.gov/legislators/chris-kolker" target="_blank" rel="noreferrer noopener">Sen. Chris Kolker</a></p>



<p class="wp-block-paragraph"><strong>Status:</strong> House Finance Committee voted to postpone indefinitely Jan. 27.</p>



<h2 class="wp-block-heading"><a href="https://leg.colorado.gov/bills/hb25-1105" target="_blank" rel="noreferrer noopener">HB25-1105</a></h2>



<h3 class="wp-block-heading">PERA True-Up of Denver Public Schools Division Employer Contribution</h3>



<p class="wp-block-paragraph"><strong>Summary:</strong> Would reduce the total employer contribution rate for the Denver Public Schools Division from 10.4% to 7.4% of salary beginning July 1, 2025.</p>



<p class="wp-block-paragraph"><strong>Sponsors:</strong> <a href="https://leg.colorado.gov/legislators/sean-camacho" target="_blank" rel="noreferrer noopener">Rep. Sean Camacho</a></p>



<p class="wp-block-paragraph"><strong>Status:</strong> Passed; Gov. Polis signed into law May 23.</p>



<h2 class="wp-block-heading"><a href="https://leg.colorado.gov/bills/hb25-1150" target="_blank" rel="noreferrer noopener">HB25-1150</a></h2>



<h3 class="wp-block-heading">Forfeiture of PERA Benefits by Sex Offenders</h3>



<p class="wp-block-paragraph"><strong>Summary:</strong> Requires a PERA member to forfeit part of their retirement benefits should that individual be convicted of a sex crime. It would also establish a new fund into which forfeited benefits would be transferred and these monies would be used to provide grants to survivors of a sex crime for necessary medical and mental health resources.</p>



<p class="wp-block-paragraph"><strong>Sponsors:</strong> <a href="https://leg.colorado.gov/legislators/ron-weinberg" target="_blank" rel="noreferrer noopener">Rep. Ron Weinberg</a></p>



<p class="wp-block-paragraph"><strong>Status:</strong> House Finance Committee voted to postpone indefinitely Feb. 24.</p>



<h2 class="wp-block-heading"><a href="https://leg.colorado.gov/bills/sb25-147" target="_blank" rel="noreferrer noopener">SB25-147</a></h2>



<h3 class="wp-block-heading">Modify Board Management PERA</h3>



<p class="wp-block-paragraph"><strong>Summary:</strong> Would modify a number of provisions under current law related to the PERA Board of Trustees, including changes to how PERA is designated for purposes of open meetings laws, establishing term limits for Trustees, and requiring that certain financial information, including various administrative costs and other expenses, be posted on PERA&#8217;s website and updated on an annual basis.</p>



<p class="wp-block-paragraph"><strong>Sponsors:</strong> <a href="https://leg.colorado.gov/legislators/byron-pelton" target="_blank" rel="noreferrer noopener">Sen. Byron Pelton</a>, <a href="https://leg.colorado.gov/legislators/chris-kolker" target="_blank" rel="noreferrer noopener">Sen. Chris Kolker</a>, <a href="https://leg.colorado.gov/legislators/lori-garcia-sander" target="_blank" rel="noreferrer noopener">Rep. Lori Garcia Sander</a>, <a href="https://leg.colorado.gov/legislators/meghan-lukens" target="_blank" rel="noreferrer noopener">Rep. Meghan Lukens</a></p>



<p class="wp-block-paragraph"><strong>Status:</strong> Passed; Gov. Polis signed into law June 3.</p>



<h2 class="wp-block-heading"><a href="https://leg.colorado.gov/bills/sb25-136" target="_blank" rel="noreferrer noopener">SB25-136</a></h2>



<h3 class="wp-block-heading">Expand Deduction for Retirement Benefits</h3>



<p class="wp-block-paragraph"><strong>Summary:</strong> For tax years commencing on or after Jan. 1, 2026, would remove all caps on the deduction for amounts received as pensions and annuities from the individual&#8217;s federal taxable income when determining the individual&#8217;s state taxable income.</p>



<p class="wp-block-paragraph"><strong>Sponsors:</strong> <a href="https://leg.colorado.gov/legislators/byron-pelton" target="_blank" rel="noreferrer noopener">Sen. Byron Pelton</a>, <a href="https://leg.colorado.gov/legislators/ryan-gonzalez" target="_blank" rel="noreferrer noopener">Rep. Ryan Gonzalez</a></p>



<p class="wp-block-paragraph"><strong>Status:</strong> Senate State, Veterans, &amp; Military Affairs Committee voted to postpone indefinitely Feb. 27.</p>



<h2 class="wp-block-heading"><a href="https://leg.colorado.gov/bills/sb25-310" target="_blank" rel="noreferrer noopener">SB25-310</a></h2>



<h3 class="wp-block-heading">Proposition 130 Implementation</h3>



<p class="wp-block-paragraph"><strong>Summary:</strong> Would implement and modify Proposition 130, approved by voters in the November 2024 general election, which directs the state to spend $350 million to help recruit, train, and retain local law enforcement officers. The provisions concerning PERA relate to funding for the bill, which would involve giving PERA a lump-sum payment of $500 million on July 1, 2025. Those funds are to be invested and based on the earnings there may be reductions made to the statutorily required direct distributions to PERA in future years in order to provide funding to the public safety fund.</p>



<p class="wp-block-paragraph"><strong>Sponsors:</strong> <a href="https://leg.colorado.gov/legislators/barbara-kirkmeyer" target="_blank" rel="noreferrer noopener">Sen. Barbara Kirkmeyer</a>, <a href="https://leg.colorado.gov/legislators/jeff-bridges" target="_blank" rel="noreferrer noopener">Sen. Jeff Bridges</a>, <a href="https://leg.colorado.gov/legislators/shannon-bird" target="_blank" rel="noreferrer noopener">Rep. Shannon Bird</a>, <a href="https://leg.colorado.gov/legislators/rick-taggart" target="_blank" rel="noreferrer noopener">Rep. Rick Taggart</a></p>



<p class="wp-block-paragraph"><strong>Status:</strong> Passed; Gov. Polis signed into law June 2.</p>


Empty chairs in the Colorado House of Representatives.

2025 Proposed PERA-Related Legislation Status