- Despite larger employer contributions, the debt has increased over the past decade. For example, contributions to PERA's School Division have more than doubled since 2005; yet, the payments still do not cover the plan's full cost.
- Eighty-one percent of the increase in the state's unfunded pension liabilities is due to insufficient payments.
- Colorado is relying on a risky investment strategy to close the gap between pension assets and liabilities. Two-thirds of its investments are allocated to volatile assets such as equities, real estate, and alternatives.
- Recent legislative reforms will have a marginal impact on protecting PERA from economic booms and busts.
- The state's funding plan, which includes a costly period of negative amortization, will cause PERA to remain in a precarious financial position for decades. The period of negative amortization will cause the debt to cost much more in the long term.
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