A new report shows that Colorado PERA has a large impact on the state’s economy. A study conducted by Pace Economics out of Boulder, found that the retirement account for state employees contributed more than $6 billion to Colorado retirees in 2016 and sustained more than 32,000 jobs in the state. These contributions also benefit local economies, especially those in rural Colorado, where PERA payments can make up a significant portion of the overall payroll. The report shows PERA continues to provide a solid return on investment for state employees, turning contributions of $1.32 billion in 2016 into more than $4.1 billion in retirement payments. These funds also generated more than $271 million dollars in tax revenue for the state and local governments. Colorado PERA provides retirement and other benefits to more than 568,000 current and former state employees.