HB 24-1044

  • Colorado House Bill
  • 2024 Regular Session
  • Introduced in House Mar 01, 2024
  • Passed House Feb 28, 2024
  • Passed Senate Mar 19, 2024
  • Signed by Governor Apr 19, 2024

Additional PERA Service Retirees for Schools

Abstract

With limited exceptions, current law limits the number of service retirees that a state college or university or an employer in the school or Denver public schools division of the public employees' retirement association (PERA) can hire without a reduction in the service retirees' benefits to 10 service retirees when an employer determines there is a critical shortage of qualified candidates. The act allows an employer to hire such service retirees when the employer determines there is a need. In addition, the act authorizes an employer in the school or Denver public schools division with a student enrollment above 10,000 to hire, without a reduction in service retirees' benefits, an additional service retiree for each 1,000 students enrolled above 10,000. An employer with 10,000 students or less will continue to be allowed to hire 10 service retirees. A service retiree hired under the provisions of the bill may receive salary without a reduction in benefits for a maximum of 6 consecutive years from the date the service retiree began post-service retirement employment. The act requires an employer in the school or Denver public schools division to provide PERA with a list of all employed service retirees by September 1 of an applicable calendar year and requires PERA to submit a report to the general assembly every 5 years beginning on or before December 1, 2025, regarding the employment after service retirement allowances. APPROVED by Governor April 19, 2024 EFFECTIVE July 1, 2024(Note: This summary applies to this bill as enacted.)

Bill Sponsors (3)

Votes


Actions


Apr 19, 2024

Office of the Governor

Governor Signed

Apr 10, 2024

Office of the Governor

Sent to the Governor

Apr 09, 2024

Senate

Signed by the President of the Senate

Apr 08, 2024

House

Signed by the Speaker of the House

Mar 25, 2024

House

House Considered Senate Amendments - Result was to Concur - Repass

Mar 20, 2024

House

House Considered Senate Amendments - Result was to Laid Over Daily

Mar 19, 2024

Senate

Senate Third Reading Passed - No Amendments

Mar 18, 2024

Senate

Senate Second Reading Passed with Amendments - Committee

Mar 12, 2024

Senate

Senate Committee on Finance Refer Amended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Senate Committee of the Whole Finance

Mar 01, 2024

Senate

Introduced In Senate - Assigned to Finance

  • Introduction
Finance

Feb 28, 2024

House

House Third Reading Passed - No Amendments

Feb 26, 2024

House

House Third Reading Laid Over Daily - No Amendments

Feb 23, 2024

House

House Second Reading Special Order - Passed with Amendments - Floor

Feb 08, 2024

House

House Second Reading Laid Over Daily - No Amendments

Feb 05, 2024

House

House Committee on Finance Refer Unamended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Finance House Committee of the Whole

Jan 10, 2024

House

Introduced In House - Assigned to Finance

  • Introduction
Finance

Bill Text

Bill Text Versions Format
Signed Act (04/19/2024) PDF
Final Act (04/09/2024) PDF
Rerevised (03/19/2024) PDF
Revised (03/18/2024) PDF
Reengrossed (02/28/2024) PDF
Engrossed (02/23/2024) PDF
Introduced (01/10/2024) PDF
PA1 (03/13/2024) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (01/11/2024) PDF
Fiscal Note FN2 (05/14/2024) PDF

Sources

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