Re: “Is PERA actually fool’s gold?,” Nov. 21 guest commentary.
Former governors Richard Lamm and Bill Owens wrote about the formation of the Colorado Pension Project, which is at least partially funded by Texas Enron billionaire John Arnold. Why would a Texas billionaire be interested in Colorado?
Last session, the legislature unanimously passed SB-214. The bill was supported by PERA and authorizes three studies to look at total compensation of state workers and will include a review of PERA’s benefit structure. The results of these studies should be thoroughly reviewed by our legislators before a group with an unknown agenda gets involved.
Terry Alley, Colorado Springs
This letter was published in the Nov. 26 edition.Check with those living the plan, or those hiring public employees, before accepting assertions of flaws. I’m a PERA retiree. Like most colleagues, I was fully busy with career and family, and paid absolutely no attention to retirement.
Happily, I’m served by a very good plan. My wife and I are relaxed about retirement, not because of the amount, but because of its Defined Benefit dependability. PERA isn’t the Golden Parachute of corporate executives, but itap enough.
Tom Tonoli, Fort Collins
This letter was published in the Nov. 26 edition.
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