Critics of state pension system decide not to pursue ballot measure calling for more reforms | SummitDaily.com
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Critics of state pension system decide not to pursue ballot measure calling for more reforms

DENVER – Critics of the state’s pension system said Wednesday they won’t pursue a ballot measure calling for more reforms, even though they don’t think the Legislature went far enough.Facing a potential $11 billion shortfall in the Public Employees Retirement Association, lawmakers and Gov. Bill Owens agreed last week to make more state workers eligible for alternative plans and to change the makeup of PERA’s board.University of Colorado economics professor Barry Poulson and Americans for Prosperity field director Christine Burtt had considered asking voters to approve tougher measures because the Legislature’s plan may not be enough for PERA to avert bankruptcy or a taxpayer bailout.


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