Justus v. State of Colorado
Supreme Court of Colorado
1Opinion of the CourtJustice Hobbs
T 1 In 2010, the Colorado General Assembly adopted amendments to existing statutes governing the Colorado Public Employees' Retirement Association ("PERA") pension program. To address economic conditions and projections demonstrating a severely underfunded plan, the legislature approved measures designed to protect present and future retirees by providing for an adequately funded plan. The stated goal of Senate Bill 10-001 was to make "modifications to [PERA] necessary to reach a one hundred percent funded ratio within the next thirty years." Ch. 2, see. 4, 2010 Colo. Sess. Laws 4, One of the…
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