| Notice Filed with SOS |
07/31/2019 |
| Rule |
ProposedRuleAttach2019-00360.pdf |
| Additional Information |
AddInfoAttach2019-00360.pdf |
| Statutory Authority |
C.R.S. 24-51-204(5) |
| Description of Subjects/Issues |
Amendments to the Colorado PERA Rules. See attached for description of each rule change. |
| Purpose/Objective of Rule |
The purpose is to amend Colorado PERA Rules as follows: 1. Rule 2.15 is being amended to reflect PERA employer name changes and affiliations. 2. Rule
3.25A is being amended to clarify what member information employers are required to provide to PERA and the methods by which employers provide that
information. 3. Rule 4.15 is being amended to confirm the method by which PERA collects unpaid contributions on behalf of eligible employees and members
of the Defined Contribution Plan. 4. Rule 11.10 is being amended to clarify employer requirements to designate retirees who are subject to the higher work
limits under C.R.S. § 24-51-1101(1.8) and (1.9). The amendments also expand the time to designate retirees of those sections until March 31 of each
calendar year. 5. Rule 14 is being amended to clarify that certain requirements of the PERA Voluntary Investment Program, otherwise known as the PERA
401(k) Plan, are found in the Plan document approved by the PERA Board of Trustees. The Rule changes are intended to remove provisions duplicative of
those found in the Plan document. 6. Rule 16 is being amended to clarify that certain requirements of the Defined Contribution Plan,otherwise known as the
DC Plan, are found in the Plan document approved by the PERA Board of Trustees. The Rule changes are intended to remove provisions duplicative of those
found in the Plan document. 7. Rule 17 is being amended to clarify that certain requirements of the PERA Deferred Compensation Plan, otherwise known as
the PERA 457 Plan, are found in the Plan document approved by the PERA Board of Trustees. The Rule changes are intended to remove provisions
duplicative of those found in the Plan document. |
| Basis And Purpose |
BasisAndPurposeAttachment2019-00360.pdf
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
09/13/2019 |
| Hearing Time |
11:10 AM |
| Hearing Location |
Cheyenne Mountain Resort, 3225 Broadmoor Valley Road, Colorado Springs, CO 80906 |
| Contact Name |
Megan Peitzmeier |
| Contact Title |
Senior Staff Attorney |
| Contact Telephone |
303-398-7675 |
| Contact email |
mpeitzmeier@copera.org |