PERA board backs transparency bill — with reservations

The Colorado Sun: The state pension board Friday voted to endorse a measure moving through the legislature that would impose new transparency and governance rules on the Colorado Public Employees’ Retirement Association.

“I think it’s critical that we embrace this conversation,” board chair Taylor McLemore said during the meeting. “Transparency is a core piece of how government functions in our nation at every level, from the highest to the local. It’s critical around accountability, public trust — also, informed participation. The more we share, the more our stakeholders and our members, who we are responsible to, can participate and give us feedback, and that’s actually really valuable.”

But even as they voted to formally support the bill, board members said they weren’t happy with much of what’s in it.

Visit The Colorado Sun for more.

Subscribe to Our Blog

Loading