My dad is a double dipper. State of Michigan and state of Colorado.
“public employee retirement plan”
Looks more like PERP to me.
Legislature is also proposing raises for state employees, I heard.
Looks like they are expecting a windfall from all the penalties CO will be raking in from “the path to citizenship”
Given the minimal to detrimental services rendered by said Colorado bureaucraps, cancel all retirement payments.
Let ‘em fight it out with the trolls for space under the bridges.
People have actually retired under PARA with 100% of their state salary they were making while working.
This is not possible in the Private Sector.
Taxpayers need to wake up.
“Every household in Colorado would have to pay $1,739 more in taxes annually, just to meet pension obligations.”
Legislatures are sovereign. They can change the terms of state pensions to whatever they want, whenever they want. No current legislature is bond by any actions of a previous legislature.