Each employer in the public employees' retirement association (PERA) contributes a percentage of its total employer payroll to PERA in the form of an employer contribution, an amortization equalization disbursement (AED), and a supplemental amortization equalization disbursement (SAED). A portion of the employer contribution goes to the health care trust fund and the remainder is deposited into the pension trust fund for each division of PERA to pay benefits. The AED and the SAED are to reduce PERA's unfunded liability and amortization period. The bill requires that for the calendar year beginning January 1, 2018, and for each calendar year thereafter, the total of the employer contribution, the AED, and the SAED for any employer will not exceed the total contribution rates for the 2018 calendar year pursuant to current law. The rates are as follows: For the state division, 20.15% of an employer's total payroll; except that, for state troopers, the total is 22.85% of an employer's total payroll; For the school division, 20.15% of an employer's total payroll; For the Denver public schools division, 20.15% of an employer's total payroll; For the local government division, 13.70% of an employer's total payroll; and For the judicial division, 17.36% of an employer's total payroll.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
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Pursuant to current law, the state treasurer is a member of the board of trustees (board) of the public employees' retirement association (PERA). PERA's nonstatutory governance manual permits a trustee to make reasonable requests for information from PERA when the information is necessary for the purposes of fulfilling the trustee's duties as a member of the board. The governance manual also includes limitations on the nature of requests for information that a member of the board of trustees can make. The bill authorizes the state treasurer, in his or her capacity as a member of the board of trustees and in furtherance of his or her fiduciary duties and obligations to the members and benefit recipients of PERA, to review all records or information within the custody and control of PERA. Upon request of the state treasurer, the executive director of PERA or the board is required to provide access to any records or information requested. Neither the executive director nor the board may deny the state treasurer's request for records or information based on the expenditure of staff time or the need to use outside resources to fill the request, or any other reason. The state treasurer is prohibited from using any records or information provided for personal use and PERA is required to keep certain information confidential when providing requested records or information to the state treasurer. (Note: This summary applies to this bill as introduced.)
The bill ensures that a woman is given information regarding the possibility of an abortion pill reversal so that she is fully informed and is given options to continue the pregnancy and preserve the mother-child relationship when she desires to do so. The department of public health and environment must publish a statement on its website regarding abortion pill reversal. The woman's doctor shall provide her with this statement at least 24 hours before providing the abortion pill. (Note: This summary applies to this bill as introduced.)
The bill extends the right to use deadly force against an intruder under certain conditions to include owners, managers, and employees of businesses. (Note: This summary applies to this bill as introduced.)