[EGPWS]

the Public Employees Retirement Association or PERA can now meet only about 52 percent of its obligations.

What are they going to do, raise the retirement age and cut benefits?

[george76]

Auditors said employer contributions for state workers would have to rise to 17.91 percent, from the current 11.03 percent, for the fund to be fully solvent within 30 years.

http://www.aurorasentinel.com/news/state_and_region/article_11b81bc7-28a8-5332-83e9-bd19cf064753.html